If the precious metals bull market finally returns, If the precious metals bull market finally returns, Junior Explorers, like Monarca, could prove to be “very” interesting.
I know the return of a precious metals bull market may seem like it will never happen again and it may seem like money is not going to meaningfully move back into the junior sector, but my word, if and when it does, the multiples we are going to see on some of these beat down junior explorers could be astonishing. “If” gold is just pausing right now before another move up and if silver undoubtably follows then we should finally start to see some strong confidence and interest return to the sector. If we get a firming up of metal prices at and above these levels and then combine that with the extensive hold-down of the miners at rock bottom prices. Well, with the sheer volume of money that is out there to land on them, we may all wish we had more money to have accumulated more at these prices. Anything can happen so be very disciplined. Always respect the risks involved with the junior explorers. Be ready and be sure to keep an eye on Monarca. Be sure to check out their website and corporate presentation. With no affiliation, I simply own shares in Monarca and speak only for myself. It has got the right team and has laid out a solid foundation to build on. It will undoubtably pull in the the financing as the funders come to help explore and find minerals. This is an explorer. There is exploring to be done and there is mineral to be found. So, keep an eye on Monarca over the next months and years. Generational stories have to start somewhere.