His more bullish gold outlook is based on seasonality patterns, the long - term basing pattern of gold, and the leading movements
of junior gold miners (via GDXJ):
For our recent report on one
of the junior gold stocks we rate as a buy, read Cash flow rises for IAMGold.
Maximizing Gold Ownership per Share: One of the greatest risks to shareholders
of junior gold companies is the indiscriminate issuance of shares to raise money, pay overhead costs and do work that does not generate an increase in gold resources or reserves.
Jay Taylor talks about
some of the junior gold miners that he likes and gives details why he believe they have value.
Currently, there are a lot
of junior gold and silver mining companies I would rather own moving forward for their upside potential of their valuations versus owning Facebook and Amazon, and frankly, we should all feel the same way as well.
In addition to such operating improvements, another source of value improvement could be consolidation
of the junior gold miners via mergers or acquisitions, particularly by senior producers seeking to replenish their reserves.
Not exact matches
THE level
of exploration activity being undertaken by
junior miners in Africa is increasing, with Burkina Faso in particular coming more into focus as a promising
gold producer.
Sprott bought stocks in several
junior miners, two
of which — Kirkland Lake
Gold and Newmarket
Gold — merged to form a significant mid-market player in September 2016.
They also bought $ 25 - million (U.S.) worth
of call options on the Market Vectors
Junior Gold Miners ETF (GDXJ), leveraging their position beyond the two million shares they already held in the ETF.
Shares in
junior miner Excelsior
Gold were pummelled today after the company's new board revealed the full extent
of operational issues at its flagship Kalgoorlie North mine.
The district is dotted with copper -
gold processing infrastructure with potential to toll treat any newly defined resource and quickly catapult the
junior explorer into the ranks
of producers.
The share price
of mining
junior Batavia Mining Ltd has more than doubled in the first few days
of 2006 on a 140 per cent
gold resource upgrade that could bring its Gullewa copper
gold project in Western Australia back in production within a year.
Last year, Goldcorp finalized its deal to acquire Vancouver - based
junior Kaminak
Gold, and in May
of this year, El Dorado announced it was taking over Integra
Gold for C$ 590 million.
Junior mining stocks Orinoco
Gold and Peak Resources have bolstered their coffers with capital raising that will raise a total
of $ 6.1 million.
After Endeavour Mining acquired True
Gold Mining last April, the
junior company's executive team in Vancouver found itself out
of a job.
PERTH - based
junior Lynas
Gold NL has received a research and development grant
of $ 1.1 million from the Federal Government's Industry Research and Development Board, through AusIndustry.
PERTH - BASED
junior explorer Galley
Gold Limited will spend $ 2 million hunting gold elephants in Botswana, home of the natural pachyderm.After achieving high - grade gold hits with its recent 55 hole RC drilling on the Mupane prospect, near the borde
Gold Limited will spend $ 2 million hunting
gold elephants in Botswana, home of the natural pachyderm.After achieving high - grade gold hits with its recent 55 hole RC drilling on the Mupane prospect, near the borde
gold elephants in Botswana, home
of the natural pachyderm.After achieving high - grade
gold hits with its recent 55 hole RC drilling on the Mupane prospect, near the borde
gold hits with its recent 55 hole RC drilling on the Mupane prospect, near the border...
Junior gold miners are supposed to be small cap stocks but this product has been transformed by the changes the fund provider has made into more
of a mid cap fund.
He led the transition
of Osisko Mining from a
junior exploration company to a leading intermediate
gold producer.
The $ 1.97 billion Market Vectors
Junior Gold Miners ETF (NYSEArca: GDXJ) was also caught in the sell - off, tallying losses
of 9.15 percent on average daily trading volume that neared 3 million shares.
The timing is right for
gold stocks, especially this
junior mining company that runs one
of the richest
gold mines in the world..
GOAU brings together both senior and
junior producers into one
gold ETF, providing investors exposure to some
of the most profitable firms across the industry.
The VanEck Vectors
Junior Gold Miners ETF (GDXJ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Junior Gold Miners Index, which is intended to track the overall performance of small - capitalization companies that are involved primarily in the mining for gold and / or sil
Gold Miners ETF (GDXJ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance
of the MVIS Global
Junior Gold Miners Index, which is intended to track the overall performance of small - capitalization companies that are involved primarily in the mining for gold and / or sil
Gold Miners Index, which is intended to track the overall performance
of small - capitalization companies that are involved primarily in the mining for
gold and / or sil
gold and / or silver.
Today we will discuss currencies, the merits
of owning
gold, and
gold junior mining companies.
For information regarding the investment objectives, strategies, liquidity, risks, expenses and fees
of the VanEck Vectors
Gold Miners ETF and VanEck Vectors
Junior Gold Miners ETF, please refer to the prospectuses for those funds.
Safety / Fluctuations
of principal / return: Loss
of money is a risk
of investing in the U.S. Global GO
GOLD and Precious Metal Miners ETF (GOAU), VanEck Vectors Gold Miners ETF (GDX) and VanEck Vectors Junior Gold Miners ETF (GD
GOLD and Precious Metal Miners ETF (GOAU), VanEck Vectors
Gold Miners ETF (GDX) and VanEck Vectors Junior Gold Miners ETF (GD
Gold Miners ETF (GDX) and VanEck Vectors
Junior Gold Miners ETF (GD
Gold Miners ETF (GDXJ).
A lot
of people blindly invest in these
junior mining companies expecting that if
gold price goes up, these
junior mining companies would go up by several multiple times.
And unlike GDX and GDXJ, which partition senior and
junior producers, GOAU brings the two together into one
gold ETF, providing investors exposure to 28
of the most profitable firms across the industry.
I'm also the author
of the 2015 book, The Coming Renewal
of Gold's Secular Bull Market and I host a podcast dedicated to bringing you insights and views from the brightest minds in
Gold and
junior mining.
Indeed, Klondex has managed to stay above the Market Vectors
Junior Gold Miners ETF for the 12 - month period, delivering a positive return
of 7 percent versus the index's -7.5 percent.
They then test the strategy on each
of the triple / inverse triple (3X / -3 X) pairs associated with the following six base ETFs: Financial Select Sector SPDR (XLF: FAS / FAZ), Powershares QQQ (QQQ: TQQQ / SQQQ), iShares Russell 2000 Index (IWM: TNA / TZA), SPDR S&P 500 (SPY: UPRO / SPXU), VanEck Vectors
Junior Gold Miners ETF (GDXJ: JNUG / JDST) and Energy Select Sector SPDR (XLE: ERX / ERY).
TGR: Will the power
of gold help the majors or the
juniors more?
This type
of activity will likely continue moving forward and spark the interest
of some
of the better
gold juniors.
Back then, there were
junior gold and silver mining companies that were a fraction
of the market cap
of their much larger - cap mining peers that had much stronger management, had managed geopolitical risk in a superior manner, and had streamlined operations to a far greater degree than their larger - cap peers that were not huge risks.
Holdings in the funds mentioned as a percentage
of net assets as
of 09/04/2014: Alamos
Gold, Inc. (0.04 % World Precious Minerals Fund); Anadarko Petroleum Corp. (2.11 % Global Resources Fund); Argonaut
Gold (0.00 %); AuRico
Gold, Inc. (1.85 % in
Gold and Precious Metals Fund, 0.41 % World Precious Minerals Fund); B2
Gold Corp. (0.00 %); Canadian Natural Resources, Ltd. (1.59 % Global Resources Fund); Cimarex Energy Co. (1.80 % Global Resources Fund); Detour
Gold Corp. (0.00 %); Deutsche Bank (0.00 %); Devon Energy Corp. (1.82 % Global Resources Fund); JUMBO S.A. (0.00 %); Klondex Mines, Ltd. (7.76 %
Gold and Precious Metals Fund, 7.51 % World Precious Minerals Fund, 1.22 % Global Resources Fund); Market Vectors
Junior Gold Miners ETF (0.16 %
Gold and Precious Metals Fund, 0.17 % World Precious Minerals Fund); Peyto Exploration & Development Corp. (1.31 % Global Resources Fund); Primero Mining Corp. (0.05 %
Gold and Precious Metals Fund, 0.02 % World Precious Minerals Fund); Suncor Energy, Inc. (2.13 % Global Resources Fund); Tsakos Energy Navigation, Ltd. (0.00 %); Türk Telekom (0.00 %); Turkcell (1.79 % Emerging Europe Fund).
One
of the main reasons we're so fond
of the stock is that in 2013, when the Market Vectors
Junior Gold Miners Index was down 61 percent, Klondex was up 28 percent.
The two main ETFs we trade are SPDR
Gold Trust ($ GLD), which tracks the price of spot gold futures, and Junior Gold Miners ($ GDXJ), which is comprised of a basket of smaller gold mining sto
Gold Trust ($ GLD), which tracks the price
of spot
gold futures, and Junior Gold Miners ($ GDXJ), which is comprised of a basket of smaller gold mining sto
gold futures, and
Junior Gold Miners ($ GDXJ), which is comprised of a basket of smaller gold mining sto
Gold Miners ($ GDXJ), which is comprised
of a basket
of smaller
gold mining sto
gold mining stocks.
PwC quoted Barkerville
Gold Mines TSXV: BGM CFO Andres Tinajero saying, «Even though there are a lot
of resources flowing around in terms
of funding for the
juniors, they're not spending the money as fast as before.
«But this windfall was unevenly spread, as many
juniors continued to struggle to raise financing and more than one - quarter
of the total funds went to just four companies»: Cobalt 27 Capital TSXV: KBLT, Leagold Mining (since graduated to the big board as TSX: LMC), Trek Mining TSXV: TREK (expected to merge with NewCastle
Gold TSX: NCA and Anfield
Gold TSXV: ANF to form an anticipated new company called Equinox
Gold TSXV: EQX) and Bluestone Resources TSXV: BSR.
Similarly, I plunged into the
junior gold miners ETFs in late 2015 by way
of the GDXJ, and within eight months, it had advanced 170 %.
Integra
Gold is a junior gold exploration company advancing projects in Val - d'Or, Québec, one of the top mining jurisdictions in the wo
Gold is a
junior gold exploration company advancing projects in Val - d'Or, Québec, one of the top mining jurisdictions in the wo
gold exploration company advancing projects in Val - d'Or, Québec, one
of the top mining jurisdictions in the world.
The TSX Venture is up 4.1 %, the GDXJ (
Junior Gold Miners ETF) is up 3.9 %, and the HUI (Basket
of Unhedged
Gold Stocks) is up 8.0 %.
Look at this two - year chart
of VanEck Vectors
Junior Gold Miners ETF (GDXJ) that I have owned since mid-late-2015 at an average entry point
of around $ 17.
The
Gold Report: You follow a large number
of junior mining companies.
I do hold VanEck Vectors
Junior Gold Miners ETF (GDXJ), which may hold some
of the companies mentioned in this article.
Last year, Goldcorp finalized its deal to acquire Vancouver - based
junior Kaminak
Gold, and in May
of this year, El Dorado announced it was taking over Integra
Gold for $ 464 million.
Brent Cook Names Two Top Picks Apr 3, 2017 http://jaytaylormedia.com/media/BrentCook20170403.mp3 Brent Cook talks
of the increasing difficulty for major
gold producers to replace ounces
of gold mined and he names two
junior exploration companies he thinks has a good chance
of finding one or more major
gold deposits.
We do not issue shares unless we are satisfied that the result will be to your advantage in terms
of gold ownership per share, unlike other
junior companies.
This volatility is the result
of last week's announcement that the composition
of the MVIS Global
Junior Gold Miners Index (MVGDXJTR) will change to allow for the inclusion
of larger...
Holdings in the
Gold and Precious Metals Fund (USERX), World Precious Minerals Fund (UNWPX) and Global Resources Fund (PSPFX) as a percentage
of net assets as
of 6/30/2014: Atico Mining Corp. (USERX 1.03 %, UNWPX 0.52 %)-RRB-; Avala Resources Ltd. 0.00 %; Barrick
Gold Corp. (PSPFX 0.02 %); Coeur Mining Inc. (USERX 0.24 %, UNWPX 0.24 %); Comstock Mining Inc. (USERX 3.57 %, UNWPX 2.12 %); Detour
Gold Corp. (USERX 4.94 %, UNWPX 1.85 %); Dunav Resources Corp. 0.00 %; Dundee Precious Metals Inc. (PSPFX 0.49 %, USEX 5.15 %, UNWPX 3.16 %); Fortuna Silver Mines Inc. (USERX 1.14 %, UNWPX 0.36 %); Franco - Nevada Corp. (PSPFX 2.21 %, USERX 2.45 %, UNWPX 1.16 %); Fresnillo Plc 0.00 %; Goldcorp Inc. (USERX 0.07 %, UNWPX 0.07 %); Gran Colombia
Gold Corp. (PSPFX 3.20 %, USERX 5.54 %, UNWPX 6.54 %); Kinross
Gold Corp. (USERX 0.14 %, UNWPX 0.05 %); Klondex Mines Ltd. (PSPFX 1.34 %, USERX 6.58 %, UNWPX 6.60 %); Market Vectors
Junior Gold Miners ETF (USERX 0.55 %, UNWPX 0.55 %); Newmont Mining Corp. (PSPFX 0.01 %, USERX 0.12 %, UNWPX 0.11 %); Northern Star Resources Ltd. (USERX 2.50 %, UNWPX 0.24 %); Orex Minerals Inc. (UNWPX 1.27 %); Osisko Mining Corp. 0.00 %; Pretium Resources Inc. (UNWPX 3.07 %); Randgold Resources Ltd. (USERX 2.09 %, UNWPX 1.34 %); Royal
Gold Inc. (PSPFX 2.18 %, USERX 3.14 %, UNWPX 0.91 %); Sabina
Gold & Silver Corp. 0.00 %; SEMAFO Inc. (USERX 3.27 %, UNWPX 1.13 %); Virginia Mines Inc. (UNWPX 5.48 %)