KIN 1.56% 6.3¢ kin mining nl

Sprott Thoughts

  1. 3,011 Posts.
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    Below is an extract from the Sprott Global website from 9 months ago (Feb. 2017) :

    "If our analysis is correct, the investment opportunities afforded by gold’s fourth quarter correction are compelling, and, in our view, likely to prove short-lived. We recognize that bullion’s inherent volatility makes an investment in gold notoriously difficult to “time.” When gold is appreciating rapidly, it is natural for investors to feel an entry point may have been missed. Conversely, because gold corrections can be sharp and swift, investors can find buying dips a bit daunting. Finally, during occasional instances when gold trades flat for an extended period, investment urgency can be lost. In our experience, the most logical juncture for a significant commitment to gold is immediately following a bull-market correction. As long as underlying fundamentals remain intact, such corrections can help harness gold’s volatility within favorable risk/reward parameters, especially over the short run.
    At Sprott, we do not view ourselves as gold bugs. To us, a gold bug is a congenital pessimist who sees risk behind every corner and who has become closed-minded to the possibility that good things can occur in the world, even in uncertain times. We recognize that gold’s relative investment merits can shift over time. Still, we believe strongly that careful and honest appraisal of economic, financial and monetary variables can identify certain periods during which gold serves an invaluable role as portfolio-diversifying asset. In this report, we hope to establish beyond reasonable doubt that the current investment landscape is among the most supportive of the gold investment thesis we have ever witnessed. We have organized our report in three sections. In the first two sections, we present brief reviews of our investment case for gold and 2016 developments in gold markets (frequent readers may skip). In the body of our report, we present our outlook for gold’s prospects in 2017 and beyond."

    The full report is available on their website.

    I particularly like the comment that "the current investment landscape is among the most supportive of the gold investment thesis we have EVER witnessed" unquote !

    Your technical and due diligence of Gold Juniors in whom to invest has brought KIN to the top of the pile .

    Thank you KIN and thank you Sprott we are very pleased to have you on board.
    Cheers
    Last edited by coalboy: 06/12/17
 
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