Post by
AlfTanner on Sep 05, 2021 8:34pm
Any other value gold stocks?
I think that this stock represents a huge value, and I have been scaling in. Does anyone have any other value mining stock recommendations? There are obviously some people on this board who know how to sniff out value.
Comment by
Stratocheif on Sep 06, 2021 12:27pm
The question is...is gcm a value play or what they call a value trap. Only time will tell. There is never a sure thing because we retail investors never get all the inside info. Been there lots of times. Media full of praise for a company and a couple of years later its gone
Comment by
AlfTanner on Sep 06, 2021 1:08pm
Value traps are shrinking companies with declining profits that offer little promise and possibly no future. Gran Columbia is growing production and profits. However, your point is well taken. Many mining stocks are value traps. The mining sector in general is very good at destroying capital. Just compare a long term chart of GDX to gold.
Comment by
Wayned52 on Sep 07, 2021 12:25pm
Try Bitcoin . El Salvador just became the first country to adopt it as their official currency . That`s the vote of confidence I was looking for . It promptly dropped 8% .
Comment by
Wayned52 on Sep 13, 2021 5:51pm
for example , what was the big jump today all about ? You can be sure the little guy won`t find out till the party is over .