Value Microcaps Junior Miners

[checkmate28]

Gold headed down again. Havent been able to pull the trigger on much of anything lately as Im saving some coin for the summer dip. Most valuations are high relative to the metals prices and the easy money has been made until we see the next leg up in gold.

Chipped at some more Gowest at .075 otherwise Ive been sitting tight waiting for a favorite miner to get priced cheap.

GORO down 15% today after running up over 200% this year. Traded at $31 few years back so still room for a 10 bagger from here and a 30 bagger from Jan this year plus one of the few miners that has paid a significant dividend through the entire down turn in gold.

Of interest for GORO are 3 areas that are near ready to add production, plus exploration in Nevada that could provide some catalyst. A sucessful US property and a US traded symbol will help when gold sentiment gets into full swing. They have spare capacity at their mill, plus they are getting ready to fire up their pit.
At $3 Im watching very close. Couple more down days in gold will allow us to pick up our favorites at better valuations. Hoping to get GORO down near $2.50.