OTCQX:NTGSF - Post by User
Comment by
Wyckoffon Feb 20, 2020 4:20pm
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Post# 30714689
RE:price of gold
RE:price of gold Many/most small cap gold miners are not moving significantly (yet). The large gold miners are doing OK. If gold reaches new all time highs or maybe increase (and stay) around the 1800US range, investors will become interested. Also the cannabis sector has sucked a lot of capital out of mining, and if cannabis stocks keeps on declining, money may start to flow back into mining again. Interestingly, the larger lithium mines has been doing well lately (despite low price of lithium), but also not the small cap lithium mines, except maybe advantage lithium, which just got bought out. I see the small cap gold miners as a long term investment (years), as I am hoping that we are at the start of a significant bull market in the gold sector.