TheDailyGold: My Latest Stock Pick...

Published: Thu, 04/13/17

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Thursday, April 13, 2017

 
 

A Junior Gold Company with 10-Bagger Potential
 

I have been hoping for a correction in the precious metals sector as it would create some excellent values in the junior gold companies. And I believed it was coming. However, I have been wrong about that as Gold could be poised to test major resistance at $1300-$1310/oz while GDX and GDXJ rebound as well. A correction is certain at somepoint but perhaps not to the degree I anticipated.


Couple that with the massive moves many stocks made off their late 2015 or early 2016 lows it is harder and harder to find exceptional value. Good values are out there, but exceptional values are hard to come by. 


There are a few out there and I'm writing to you today to let you know I believe I have found one of these "exceptional values" with my latest stock pick. The company was covered in TDG #511, a few weeks ago.


Even though I was relatively cautious on the sector, it was something I could not afford to pass up. If the sector corrects 20% it may have 10%-15% downside. But that is nothing compared to its 10-bagger potential over the next two to three years.


This company "ticks all the boxes" so to speak.


The management team has a strong track record. They've sold a company before. 


Management, a major company and some big names in the sector control half of the stock. The retail float is tight.


They control multiple assets. In fact, I think it is a strong possibility they could develop and build two mines within the next three years.


The company has a current enterprise value of less than $30 Million!


This company really has the makings of a company that could reach a market cap of $500 Million or even $1 Billion. And the big names that own this stock, aren't dabbling in 50 juniors. They make large, concentrated investments.


These types of opportunities do not come around too often and once Gold gets going it could have a huge run ahead of it, taking many juniors much much higher.


We were not paid to write this nor do we have any relationship with the company. We are a shareholder and simply want to share this opportunity with you, as you are not yet a subscriber of TheDailyGold Premium



Dr. Jeffrey Kern, developer of the SkiGoldStocks trading system had this to say regarding our stock-picking abilities:


I am simply a pure market-timer for a broad basket of gold stocks and precious metals. Jordan, on the other hand, has provided superior STOCK-PICKING abilities over the longer-term. I am familiar with most gold stock subscription services over the past 30 years. I rarely provide endorsements of any kind, but Jordan's ability to analyze individual gold/silver stocks has been among the top 5 services over the past decade. First and foremost, I respect his integrity.

 

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This company has quite a few catalysts coming over the next few months. It is not something one can risk waiting on. Click the link below to learn more and subscribe to our service.

 

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