GOLD 0.51% $1,391.7 gold futures

most small cap goldies still out off favour, page-56

  1. 24,765 Posts.
    Do we have to wait until gold is something like US$1500 or US$2000 before the common theme in this place is to invest in gold juniors?

    If so, how many hundreds of per cent higher and how much missed leverage will have occurred by then?

    This reminds me of all the posters telling us what a great buy PDN was when it was many dollars but completely ignoring it when it was a few cents because all it had was in ground uranium resources.

    Similarly telling us what a great buy FMG is now that it is the equivalent of more than $80.00 (Don't forget its 10 for one split) but completely ignoring it when it was around 50 cents because it all it had was iron ore resources in the ground.

    There is no reason some gold juniors with quality in ground resources will not increase a similar percentage amount in price as this gold bull develops.

    The same gold juniors that many here imo are telling us to avoid because they are not producing and are just burning cash drilling holes in the ground.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.