Gold Stock. Any thought on Junior Mining?

[pogi16]

SKYG* and ZFR*
Both Trading under 20cents with big upside. Gold to break 2k USD soon.

Skyg. Eric Sprott own 18% of the total outstanding shares.
Zfr. A bad news last week dropped the stock price to 80% off. I emailed the company and they have cash on hand to continue exploration. I think ZFR will bounce back high.

What do you guys think?

 

[anonemouse]

What was the bad news? They really dropped off a cliff!

 

[pogi16]

What was the bad news? They really dropped off a cliff!

PetroShale Announces a Comprehensive Recapitalization Transaction Including a Minimum of $30 Million of New Equity, the Exchange of All Preferred Shares for Common Shares, a Rights Offering to All Common Shareholders and Amendments to its Credit Facility

NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES/CALGARY, AB, March 4, 2021 /CNW/ - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQX: PSHIF) is pleased to announce that it and...

ca.finance.yahoo.com

Gold deposit is still the upside. I can still see this bouncing back up to 50 to 60cents or even more with the price of gold going up.

 

[Caspertheghost]

You can spread your risk a bit better with GDXJ. Junior gold mining ETF

 

[WULA]

GDX is the senior producer ETF.

GDXJ is the junior producer ETF.

Junior exploration companies have more leverage up & down ...and more risk & reward.

Gold may pullback a little more in the next week or two, but the trend is higher, much higher.

 

[pogi16]

Thank You

 

[bladerunner64]

Thank You

LUCKY MINERALS ...CHECK THEM OUT
Could take off big once sample drilling starts results are revealed.
I'm in.

 

[bladerunner64]

LUCKY MINERALS ...CHECK THEM OUT
Could take off big once sample drilling starts results are revealed.
I'm in.

 

[lonebone]

GLM
EQTY
NXS

 

[lonebone]

In just two days EQTY.V 60% Up from my last post.
GLM.C Very undervalued..great property and great team.
NXS.V Still very cheap buy.. can't wait for Dakouli and Nevada results and more drilling.
I am still holding. Do ur DD. Good Luck.
Add some if you have some stash on side.

 

[saxon]

KRR, Karora Resources. Eric Sprott has a very large investment in this one.

 

[pogi16]

Both Silver and Gold collapse today. What a manipulated market.

 

[danmand]

Sprott (SII) gives you exposure to the junior mining sector as well as the gold/silver price.