Market is risk averse so big cap gold stocks have done the best. That means GDX has done relatively well vs small cap miners. Within the big caps, I like GFI. It's a South African miner with mines in Australia, South Africa and Peru. Produces over 2 million oz/yr.
I also like Goro. Small cap producer in Mexico and the US. Just built a gold mine in Nevada that will produce around 40K gold this year. Should boost inc and eps this year and allow them to increase dividend.
I have a small position in gold royalty company. Ely Gold Royalties. ELYGF. Gold royalties are the way to play the sector over time. Less volatile than miners and much more efficient. Small staff and production grows over time as they finance small miners and keep royalty interests in production. Biggest upside catalyst for Ely is a mine decision by Wallbridge Mining. Should become a 100K+ producer in the next year. Very high grade mine with upside in resources.
Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.
If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
