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RE: I Think Gold and Silver Are Staging For A Run, Here Are Some Mining Stock Ideas
You are 100% correct on the mining shares, shares are always a leverage play to the commodities they are mining. The problem I had with pm shares was I got in to early about ten years ago, and nearly all my junior shares have either have gone broke or the shares have been diluted to nothing. The only shares I have left are the big caps and the mid size companies, and all them are under what I paid for them. Cheers
Sorry to hear about your juniors, hang on to your survivors, I think you will be greatly rewarded. I do not typically do the smaller explorer types, especially right now. The better solid companies like a CDE are going to give you gains just as well, without the risks I believe, so why play that game of 'finding metal'. Too many busts.
Some of the juniors are still hanging in there, but like one I had 70000 share at .20 cents down to 700 shares at .004 cents, but it's still trading. It's a dicey game playing with juniors in a manipulated market. Cheers