lbs1989, IMO you are asking the right questions, doing some good research, and coming up with some good answers. You are also stimulating the kind of discussion on this thread that provides great information, so thanks for that.
I like your list because the 1st 5 are my favorite explorer holdings. All of the stocks on your list will do exceptionally well in a gold bull market, but bullish as I am, I always ask myself the question, "What if this isn't it and what if it takes a while yet to get there?". I will buy a stock only at a price-wise advantageous point, for example, within 10% of a double bottom, or near its rising trend line. Right now SLR is technically a screaming buy. IMHO, CBD, MFL, and SWG currently have the best combination of attractive price, quality, safety, and leverage. If I were starting out to buy today, I would immediately buy the above 4 and wait to see what other opportunities look attractive. Of the US traded stocks, I like GOLD, HGMCY, and RGLD as traders or longer holds. I consider it essential to my style of gold and silver stock investing to ALWAYS have cash available to take advantage of unexpected bargains. This has kept me from being fully invested, but has also kept me profitable in a difficult gold stock investing environment. Hopefully those days are over, but nobody really knows.
Best,
vt |
