By Jeb
I just uploaded a couple of important video updates with links just for you. Gold has been hit by a triple whammy keeping prices for junior miners depressed.
1) Interest Rate Hike in US
2)Summer Doldrums
3)GDXJ Rebalancing
However, some of our favorite junior gold miners right here in Alaska and Nevada are breaking out on huge volume. Also cobalt is continuing its 5 year high breakout run and finally the junior cobalt miners are making some significant developments attracting top management, drilling and consolidating large land positions.
Find out which ones in this video by clicking here…
In addition, I recently uploaded a video with what I consider one of the best opportunities in the USA for junior gold mining. The project has been significantly derisked since the time I started highlighting this company. They have attracted the top financial partners to make the mine fully financed and have received all the permits for production. I expect a rerating at the end of next month as 10 million warrants expire by the middle of July and as they close this major institutional financing. Notice chart below of the life cycle of a junior.
Production is expected in the fourth quarter of this year and activities are ramping up right now as the mine is expanding. If you are looking for mining work near Las Vegas put in your resume. This huge private equity fund puts the company in a whole new situation as they can focus on resource expansion and potential M&A in the junior sector which continues to be depressed yet presenting an opportunity to well positioned junior miners.
See my new interview with management from the ground floor of the next US gold mine in the Mojave Desert… https://www.youtube.com/watch?v=Qf4km5I17Uo
Have a great weekend, Jeb Handwerger
Disclosure: Jeb Handwerger owns securities in these companies and they are website advertisers which means Jeb has been compensated and has a conflict of interest. This contains forward looking statements which may not come to fruition. This is not investment advice and not a solicitation to buy or sell anything. This is purely an advertisement. Do your own due diligence. Section 17(b) provides that: “It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication, which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.”
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Source:: Gold Stock Trades.com
The post Despite Summer Doldrums These Junior Miners are Breaking Out appeared first on Junior Mining Analyst.