$IGLD - Junior mining company to watch as gold rebounds $IGLD breaking out today up 10% along with gold which is also up 0.8%. Gold has been performing quite well over the past couple of months since hitting the double bottoming at of the $1680 support area before returning back into an uptrend in April as investors eye greater than expected inflation due to governments printing trillions of $. With the current economic environment, I expect gold to easily surpass $2,000 soon.
Here's a little article with bullish sentiment on gold, take a look: https://www.kitco.com/news/2021-05-13/Inflation-pressures-to-drive-gold-prices-to-2-000-as-Federal-Reserve-holds-the-dovish-line-Aberdeen-Standard-Investments.html
Golden Independence ($IGLD) has been on my watchlist for a while now, great investor relations, consistent news releases, a small market cap at $11M, and promise shown in their exploration properties. My confidence in $IGLD has never been higher. Also, they recently announced a spin-out of the Champ Property in BC. Things are getting interesting and exciting for $IGLD.
CSE: IGLD OTC: GIDMF