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White Gold Corp. (WGO $0.94)
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Triple Flag Precious Metals Corp. (TFPM $39.60)
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Aris Mining Corporation (ARIS $14.17)
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Allied Gold Corporation (AAUC $24.39)
Q: I have asked a question on WGO previously and should have bought months ago but missed the rally. Would appreciate an analysis today on the merits of buying today or letting it go?
Would you give me a few small cap gold stock names that are still viable at the price of gold sky rocketing lately?
Thanx as usual
Gary
Would you give me a few small cap gold stock names that are still viable at the price of gold sky rocketing lately?
Thanx as usual
Gary
5i Research Answer:
Most stocks have moved; we would still suggest: AAUC, ARIS, ITR, TFPM
On WGO, it is up 433% this year on the sector rally and its big increase in reserves. Insiders (8%) have been buying and AEM owns 20%.
White Gold Corporation offers significant investment potential owing to its large-scale, high-grade gold resource portfolio in the prolific White Gold District of Yukon, Canada—a tier-one mining jurisdiction. The company controls over 40% of the district with more than 315,000 hectares of claims and strategic land holdings, making it the largest claim holder in the area.
With the big move and its 'size' risk, as well as more work and money needed here, we would let recent gains consolidate and would not chase this right now.