Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: Junior Gold Producers to Follow....
Published: Wed, 10/11/23
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In this kind of a market, we want to find and follow the junior producers that can grow production significantly but with limited or reasonable capex.
Capital requirements of $300 or $400 Million, or even $250 Million, can be too much for a <$75 Million company to take on. Click Below for my interview with Cerrado Gold, a junior gold producer operating one mine in Argentina & building another in Brazil. Over the coming quarters it will finance and begin construction of Monte de Carmo, a low cost, high margin project in Brazil. The company has significant production growth potential over the next 3 to 4 years. Cerrado Gold Interview --------------------------------------------------------------------------------- How can you pinpoint a major bottom in the gold stocks? I write about the key breadth indicators I follow for GDX & GDXJ, including my proprietary indicators. Pinpointing the Major Bottom in Gold Stocks
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