Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Now Is The Time To Accumulate Future Gold Mining Tenbaggers

Friday, September 25, 2015 13:29
% of readers think this story is Fact. Add your two cents.

(Before It's News)

from Gold Silver Worlds:

We have heard it so many times: investors need to buy low and sell high. In other words, invest when there is blood in the streets.

The precious metals sector has seen blood in the last 2 years. The question is: have investors been buying into this sector?

One thing is for sure: really smart and wealthy investors, the sorts of Stan Druckenmiller, Marc Faber, George Soros, have been accumulating gold mining stocks as the sector have been going through their worse bear market ever. The returns on their investments over the course of the following years will undoubtedly be significant … because they have done exactly what have made them super rich, i.e. buying when everyone is selling.

The key question is how to choose future tenbaggers in the gold mining space?

Although gold miners carry a very high risk (both in their operations as towards shareholders), there is a way to mitigate that risk. The key success factor is to follow successful people in the mining space, people who have proven to know how to bring a project from its exploration phase to a profitable mine. That could seem simple, but it is an extremely challenging journey. Not many entrepreneurs are able to succeed in that challenge.

One of the people who has proven to be extremely successful in the gold mining area is Keith Neumeyer. He has made First Quantum Minerals and First Majestic Silver successful, and he started those companies at the depths of the previous bear market. His first two gold miners reached billion-dollar market caps.

He now is going for a third succes with First Mining Finance (FF). It’s a mineral bank for hard asset investors, where Keith and his team will accumulate high-quality resources at dirt cheap prices due to the 4-year commodity bear market.

FF plans to do joint venturing projects, spin outs, royalties, and sell some assets to majors for much higher prices.

Read More @ GoldSilverWorlds.com

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.