Seniors Eyeing Shining Gold Juniors

Resource Investing News

    There’s a lot of action with senior gold miners. In their bid to grow, many are scouting around and eyeing juniors with proven resources. Some are cheap and attractive, while others are robust enough to survive to drill another day. Back in the early stages of the gold bull market, junior mining stocks …

 

 

There’s a lot of action with senior gold miners. In their bid to grow, many are scouting around and eyeing juniors with proven resources. Some are cheap and attractive, while others are robust enough to survive to drill another day.

Back in the early stages of the gold bull market, junior mining stocks were all the rage. During 2002-2006, many junior miners were putting in annual gains of 200 per cent to 300 per cent. Remember the case of junior miner Seabridge Gold (SA), which produced 3-year returns in excess of 1500 per cent?

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