The safest way to invest in the mining sector is through an etf ,either GDX,GDXJ ,SIL SILJ.JNUG.They are all shooting up in value right now.This especially applies to silver stocks .I own HL which is up 20%+ in a week while clunkers like DEG and GOR go down .Couldn't be clearer.
There is one Aussie silver mine which might be worth a spec .They have had all kinds of issues getting started on a mine ,it appears to be all permitted .Incredibly cheap ,highly speculative .Gor could probably afford it if they want to get in on silver mining.Technically Silver is likely going to do much better than gold .I own multiple silver stocks and 500 coin boxes of silver coins.As far as I know there is only one big silver deposit in Australia.Jut my personal opinion as a private investor with 40 years experience in this sector.There is also an incredibly cheap Aussie 7 million ounce PGM deposit which is as cheap as chips and GOR could buy that easily out of cash.
I have left the DEG bb as its full of promoters and their is little decent discussion.Anyone with a contrary opinion(which has been correct for several years )is personally attacked.
The safest way to invest in the mining sector is through an etf...
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Last
$1.70 |
Change
0.028(1.65%) |
Mkt cap ! $1.838B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.72 | $1.69 | $1.849M | 1.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 31091 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 19090 | 8 |
View Market Depth
| Last trade - 11.04am 07/06/2024 (20 minute delay) ? |
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Last
$1.70 |
Change
0.028 ( 1.75 %) |
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| Open | High | Low | Volume | ||
| $1.69 | $1.72 | $1.69 | 194000 | ||
| Last updated 11.24am 07/06/2024 ? | |||||
| GOR (ASX) Chart |