Microcap PMs / Explorers
Still NO volume in most (99%) of this sub sector.
Dead !
Where is the speculative money?
Where is the Hot money ?
Back in the day ( the 2000s …) The Gold Minds all agreed that Majors and Mid tiers move before the little penny stocks in a sustainabull . Note the micro caps moved hard right from the get go in 2016…and that fizzled badly.
Maybe its very early in the new Bull.
Everybody dreams of 100 baggers …and that only happens in the micro caps 5 cents to 5 dollars type of thing.
But you have to be nimble and don’t overstay.
This time around I am focusing on the middle range and majors .
Look at this FNV has Doubled since Gold hit $1900 ! While Gold has lost 33%
And the FNV:GLD ratio has TRIPLED
What a stock …looks like it never believed in the Gold Bear Thesis.
Good luck all. Stay focused ! This market can bite !
gold royalty always do better.
Here is post on royalty stocks.
Buy RGLD now it is breaking out.
https://goldtadise.com/?p=425783