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Friday, 11/10/2017 9:28:52 PM

Friday, November 10, 2017 9:28:52 PM

Post# of 4985
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https://www.wallstreetpr.com/gold-stocks-in-focus-kerr-mines-inc-kermf-goldcorp-nysegg-newmont-mining-corp-nysenem-agnico-eagle-mines-nyseaem-40447

Gold Stocks In Focus: KERR Mines Inc (KERMF), Goldcorp (NYSE:GG), Newmont Mining Corp (NYSE:NEM), Agnico Eagle Mines (NYSE:AEM)
By Swati Goyal - November 10, 2017 457 0

Gold stocks are still turning heads and increasingly find position in the traders and investors portfolio. Some of the notable gold stocks include Goldcorp (NYSE:GG), Newmont Mining Corp (NYSE:NEM), Agnico Eagle Mines (NYSE:AEM).

At the same time, there’s another side of the story that belongs to gold mining stocks that have kept pace with gold prices, thus proving to be great investment options for investors looking to leverage rising gold prices. Kerr Mines (TSX:KER) (OTC:KERMF) is a fine example.

“The past 12 months have been an incredible journey” said Claudio Ciavarella, CEO Kerr Mines. “The Company has completely transformed itself and has made tremendous strides forward. On behalf of your Board and the Management team, we believe the coming year will be another positive step forward in the execution of our strategy”.

There’s just something about gold… it’s nice to own and invest in, but it can be fraught with problems when you try to analyze what a company’s worth. We found a good one in Kerr Mines (TSX: KER) (OTC:KERMF).

We’re not the only gold bugs who’ve shown an interest in Kerr Mines. Precious metals guru Eric Sprott holds a 9.4% position and one thing you can say about Sprott is, he’s a savvy-investor, when it comes to gold stocks.

Kerr Mines owns the Copperstone Mine in Northern Arizona, which is a late-stage development and former producer of gold. Copperstone consists of an 11,800-acre land package that historically produced 500,000 ounces of gold.

Now having lots of acreage doesn’t necessarily mean it’s all ripe with nuggets of gold just waiting to be picked up, but in Kerr Mines (TSX: KER) (OTC: KERMF)’s case, its damn near that rich – and WAY UNDERVALUED in share price, which we’ll explain further on..

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