Gold Stocks

[richl63]

Here is one that I like, that trades at a deep discount to discovered resources: http://www.witsgold.com/

Wits Gold holds title to NI 43-101 compliant total inferred resources of 151.7 Moz of gold and 267.8 Mlbs of U3O8. This includes 19.9 Moz of indicated resources and 5.4 Moz of P&P reserves at Bloemhoek

These guys are crazy, they may have one of the largest deposits in the world and they only traded at a market value of $216M their indicated resources are 20,000,000 ounces of gold While their inferred is as high as 151,000,000. Kind of makes you cringe!!

So basically for 216m$ you are getting between 20b$-151b$ in gold wealth at TODAYS gold price. I like WGR:CN a lot...

Whats also interesting is that it appears the market is discounting them similarly to how they did Seabridge so the stock is actually down this year!