2min chapter

Mining Stock Education cover image

Gold Breaks Out after a $2,100/oz Monthly Close says Pro Mining Investor David Erfle

Mining Stock Education

CHAPTER

The Importance of Timed Stock Picking

Dave Barger: You can make more money sometimes on juniors that are not as good if you time it right. He says the companies that went up in 2011 were those with low grade, both tonnage and training at pennies. The majors bought all these low grade bulk tonnage ounces that needed higher gold prices to be did it with dilution, which is a double negative,. So it killed the sector. That's why that you see the GDX and the GDXJ underperforming the gold price massively for the past decade.

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