Sunday, March 11, 2018 8:07:57 PM
The gold price flattening over the last five years after a substantial correction has really crushed the mining sector. Miners have really had to tighten their belts to make ends meet and we've seen exploration dollars dwindle as a result.
I believe all of that is in the process of changing. As bullion prices have firmed and a new bull market is forming these undervalued miners may well produce really great ROI's. Since gold stocks typically follow spot prices out of a correction we might have to see $1400 gold before our "ponies" start to run.
IMO, 2018 will be a good year for bullion, followed by big runs in gold miners in 2019. We'll see.
GT's,
4God
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