Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: Mega-Bull Market in Gold Stocks is Starting....
Published: Fri, 04/21/23
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Everyone now knows gold stocks suck. Perfect.
With Gold soon to make its biggest breakout in 50 years, it's time for a super bull market in gold stocks. I explain it all in the video.... Video: Epic Secular Bull Coming in Gold Stocks To get my latest thoughts on Gold and the stock market and how they might perform during the recession, as well as the 2008 Boogeyman, click below. Recorded Wednesday. Click Here for the Interview Nevada King Gold is a new sponsor of this free newsletter. The company discovered oxide mineralization at its Atlanta Mine Gold project in Nevada and has reported numerous, excellent drill hits. They have drilled high-grades over some lengthy widths. Nevada is the top mining jurisdiction in the world. There have been quite a few takeovers there in recent years and oxide projects are quite valuable. Nevada King reported assays from another 4 holes yesterday. These were multi-gram hits over 18 to 33 meters and that excludes the silver mineralization. Including the silver, the best hit was ~6.9 g/t Au-eq over 33.5 meters. Another hit was 4.3 g/t Au-eq over 25.9 meters. The company's market cap is only US $80 Million. Speculation- This is looking like it has 1.5M-2.0M oz Au potential with high grades. If they could get to 2.5M-3.0M oz Au, that is how they could be worth 10x the current value in a Gold bull market. This is me speculating. Do your own due diligence. ------------------------------------------------------------------------------------------- In TheDailyGold Premium... In TDG #826 we assessed the upside potential on 13 stocks. We looked at various prices: $50 Silver, $3000 Gold, $4000 Gold and time frames of 18 months to two to three years. We factored in cost inflation & share dilution. The assessment on each stock on average was around 250 words or half a page without spaces. I spent over 10 hours on this research but you can get it within minutes with a subscription for only $149 (plus everything else). The potential cash flow that some of these companies could generate is absolutely staggering. And some of these companies are not even extended right now (in terms of share price). But if you wait until $2400 Gold or $35 Silver, then the high quality juniors could be a lot more expensive. -------------------------------------------------------------------------------------------
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