GREY:GIXEF - Post by User
Post by
adoraon Jun 17, 2014 3:54am
383 Views
Post# 22665582
Why gold stocks like Geologix will explode higher
Why gold stocks like Geologix will explode higher
In this interview, at the 5:40 min mark Rick Rule tells Vanessa Collette that he personally knows three investor who has about $3 billion on the sidelines ready to be allocated in junior resource stocks:
$3 billion is a lot of money, high quility gold stocks like Geologix Explorations, North Country Gold, IDM Mining are trading at less than $10 m in market cap each. If only minor parts of the money on the sidelines is invested in these stocks share prices will have to explode, there’s enormous amounts of money and a very low amount of quality gold stocks for sale at current prices, this is an explosive situation.