Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Junior Miners in 2020

Dr. Kal Kotecha Dr. Kal Kotecha, Junior Gold Report
0 Comments| January 13, 2020

{{labelSign}}  Favorites
{{errorMessage}}

What does 2020 have in store for the junior mining sector? I wish I had a crystal ball but I believe that finally the junior mining investors will be rewarded broadly from 2020-2022. 2019 was a good year for gold and gold stocks in general but unlike the majors, not all junior miners made upward moves. I remember 2011 - the junior mining boom was similar in many ways but a lot shorter than that of the tech boom of the late 1990’s where a lot of the stocks in the sector increased, some exponentially. These are the booms that change lives. I am not predicting that the 2011 boom will be relived again in the junior mining sector but I believe the next few years should be better broadly for junior mining stocks then the years past.

If/when gold rises to over $2000 US per ounce, the stocks should rally more than the increase in the price of the metal. A lot of this may be due to the media attention gold will get once it surpasses the psychological level.

According to FinancialPost: As 2019 ends, it’s a totally different story: Gold broke through the US$1,500 per ounce barrier in August for the first time in six years before settling just below that threshold, sparking a run on gold mining equities that was bolstered by a string of transformational mergers. That included deals involving Barrick and Detour, which sat in the $24 and $25 range, respectively, in late December. But even as gold’s hot run tempered slightly to end the year, its most enthusiastic investors say its prospects have seldom been so positive. They argue that the same factors that helped gold perform so well in 2019 — including trade tensions, potential interest rate cuts, a volatile stock and bond market and geopolitical uncertainties such as Brexit — remain in place to a certain degree and are setting the stage for a massive rally in 2020. https://business.financialpost.com/commodities/mining/2019-was-a-dream-come-true-for-gold-bugs-2020-could-be-even-better

Gold of course is used as a hedge and for safe-haven, witnessed by the recent US airstrike on Iran.The recent US-Iran crisis saw gold trading at about $1600US/ounce but that was short lived. More future tensions may lead to higher gold prices.

Many pundits including news letter writers constantly have been saying gold is going to hit new highs – this has been going on for many years. Probability has it that they will be correct at least one time. My predictions were set a while ago and I still stick with it – 2020, 2021and 2022 could be banner years for junior mining stocks. Precious metal stocks are generally a huge leverage to any ascension in the price of the yellow metal. Investors have been waiting with baited breath for a broad increase in the junior mining sector and it is about time they were rewarded.

Happy Investing!

Dr. Kal Kotecha

TO SUBSCRIBE TO OUR FREE NEWSLETTER, PLEASE VISIT WWW.JUNIORGOLDREPORT.COM

Disclaimer

© 2010 Junior Gold Report

Junior Gold Report Newsletter and website: Junior Gold Report Newsletter and website is published as a copyright publication of Junior Gold Report JGR). No Guarantee as to Content:Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein (newsletter and website). Any statements expressed are subject to change without notice. It may contain errors and you should not make any investment decisions based on what you have read on here. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. By accessing the site, receiving this email and reading this article, you accept and agree to be bound by and comply with the terms and conditions as set out herein. If you do not accept and agree to the terms you should not use the Junior Gold Report site or accept this email/article.Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in the featured companies, as well as sponsored companies which compensate JGR as such our opinions are biased. We may hold options in and trade these stocks of the companies we profile and as such our opinions are biased. JGR and its’ owner and affiliates/associates may buy/sell and trade the featured companies from time to time. JGR has been paid by the company featured. Thus, multiple conflicts of interest exist. Therefore, information provided here within should not be construed as a financial analysis but rather as an advertisement. Conduct your own due diligence: The author’s views and opinions regarding the companies featured in report(s) are his/her own views and are based on information that he/she has researched independently and has received, which the author assumes to be reliable. You should never base any buying/selling/trading decisions off of our emails, newsletter, website, videos or any of our published materials. JGR aims to provide information and often stock ideas but are by no means recommendations.The ideas and companies featured are highly speculative and you could lose your entire investment – consult a licensed financial advisor if you are considering investing in any of the featured companies. Subscribers/readers are encouraged to conduct their own research and due diligence. The companies mentioned are high risk and considered penny stocks that contain a high risk of volatility, therefore consult your investment advisor and do your own due diligence before purchasing. Never base any investment decision on information contained from our emails, newsletter, website, videos or any of our published materials. No Offer to Sell Securities: JGR is not a registered broker dealer, investment advisor, financial analyst, stock picker, investment banker or other investment professional. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Information contained herein was extracted from public filings, profiled company websites, and other publicly available sources deemed reliable. Information in this report was taken on or before writing and dissemination and may not be updated. Do you own due diligence as information and events can and do change. Published reports may reference company websites or link to company websites and we disclaim and responsibility for the content and accuracy of any such information or website. Release of Liability: By reading the newsletter/website and/or watching videos by JGR, and/or reading this article you agree to hold JGR, its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by the use of certain terminology, including "will", "believes", "may", "expects", "should", "seeks", "anticipates", "has potential to", or "intends' or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company's business model; future operations, products and services; the impact of regulatory initiatives on the Company's operations; the size of and opportunities related to the market for the Company's products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for the accuracy of forward looking statements and advises the reader to perform their own due diligence on forward looking numbers or statements. Some statements may be based on personal opinions. Perform your own due diligence.



{{labelSign}}  Favorites
{{errorMessage}}

Comments

No comments yet. Be first to comment!

Leave a Comment

You must be logged in to be able to post a comment.