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Message: Time to pick up some Jr. Gold Mining Shares - SILVERADO

Time to pick up some Jr. Gold Mining Shares - SILVERADO

posted on Apr 17, 2008 02:49PM

Time To Pick Up Some Junior Shares

The question on everyone’s mind is whether or not juniors will experience the same surge in stock prices as experienced by gold and many senior companies. I think the answer is likely to be yes. With the state of precious metals continuing to be wildly bullish, right now is the time to pick up shares of junior companies as they are tremendously undervalued. When the uptrend begins, it’s going to be over very quickly due to the low prices and relatively high volatility of these companies. The prudent investor will have a portion of their portfolio dedicated to junior companies to ensure that they’re ‘in the game’ when the time comes. Although this is a speculative play, the odds for these companies look good; and with sound analysis, you might just be able to pick the next ten-bagger.

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