Encouragement from GOLD NEWS LETTER:
I have a considerable amount of my net worth invested in 5 gold/silver junior mining companies. Regarding the tiny-low market value arena in juniors, these 5 remain my favorites and this summer they are at "second chance" entry prices. All of these stocks exploded higher last year and peaked about one year ago. For example, Bravada Gold (BVA/BGAVF) went up 10 fold from December 2015 thru July 2016 when it peaked at 40 cents. Now, the price has corrected 60% off those highs! However, the company is more valuable that ever as big named major mining companies spend money developing their significant gold asset base in Nevada. Literally 5 majors have earn in/JV's with Bravada Gold and I think the stock is once again a steal under 20 cents CDN.
Most of you know the details on why I like these companies so much so I won't get into it here (you can see reports on the GIL blog). I am reiterating strong buys on:
Timberline Resources (TLRS/TBR)--2 million ounces of gold resource in Nevada can be bought for $3.50 per ounce in the ground!
Southern Silver (SSV/SSVFF) with over $2 Billion in situ silver/zinc resources in Mexico-billionaire backed.
Patriot Gold (PGOL/PGOL) which will begin receiving cash flow to the tune of $1.5 million plus per year starting Q4/Q1. The market cap is ridiculous with such an earnings driver just 6 months away!
Last but not least is Gungnir Resources (GUG/ASWRF) with a puny market value yet has a $1MM annual royalty to look forward to for the next 4 years, funding virtually all drilling/development with no need to raise equity. The prospects in Sweden are HUGE and I'm super pumped to see what the next drill program reveals. In early 2017 Aurion Resources released news on a discovery in nearby Finland and their share price went from 40 cents to $2, and has stayed there. This can happen to GUG, which should be trading at 15-20 cents per share MINIMALLY right NOW based on what they have.
Long time subscribers should not sleep on our favorites. Summer doldrums are a great time to buy big discounts when things go quiet in these markets. However, I am predicting a much more robust gold/silver environment this fall where values in the companies listed above can double or triple from current prices, just from a better sentiment. They are all very sound fundamentally. Timberline is my largest financial position and I'm convinced I will make millions on this investment. Buying shares in the .30's on TLRS is a NO BRAINER.
I'm long BVA/TLRS/SSV/PGOL/GUG
???????
Gold Investment Letter
Sincerely,
Eric Muschinski
Gold Investment Letter
eric@phenom.ventures
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
