>>60537575
Kinross gold is an absolute winner and nobody talks about it enough. The one property it has in Mauritania spooks everybody because it's in the Sahel, terribly unstable region of Africa... however it's on the Western coast of Mauritania, and we pull an ounce of gold out of the ground for less than USD 1000.
Valuations in this space are retarded right now, all mining companies are basically single digit PE multiples.
Nobody can believe the price action in gold but look at the chart, we're about to burst higher we are consolidating in a tight range we're melting up soon.
While i'm in the gold majors because we are actually going to start returning capital to shareholders in a big way, and the actual share values are going up a lot (more than some junior) i am skipping ahead a bit and buying up the junior silver explroation companies.
GR Silver has billions in the ground
Defiance silver has billions in the ground
Guanajuato spooked me out but it's a similar story and they are now producing.
The problems with these are the jurisdiction (Mexico).
Agnico Eagle has performed for me. Pan American Silver price action is heavily tied to the price of silver even though it produces nearly a million ounces of gold annually; That's bullish because while it has lagged KGC and AEM, the price of silver is about to run, and this gives you the stability of a gold miner (lol) and the potential upside of markets buying the shares based on silver price.
There's a ton out there also. Snowline gold might get acquired but it's had a big run. Cerrado gold, mako gold, Steppe gold in Mongolia had sold their gold forward at a fixed price of $2000 or so and that hurt them but that's over now and the entire production will start selling at the market rate... also they produce unbelievably cheaply.
My advice to everyone out there who is a young person is this; the boomers believe in America. They do not believe in anybody else. Use that to your advantage.
