While gold has been showing a lot of strength in 2024, especially since just prior to the PDAC in early March, some gold stocks also improved, but the vast majority have not.
Along with higher metals prices and higher margins for the big developers, we could use the following two circumstances to help drive the junior mining stocks higher:
1. Some well-publicized takeovers of a few juniors who are taken out at substantially higher prices. Not just take-unders at depressed prices, but takeovers where shareholders are rewarded.
2. One or more spectacular new finds that push a stock or stocks up 5x, 10x, or even 20x or more.
I completely agree.
Along with higher metals prices and higher margins for the big developers, we could use the following two circumstances to help drive the junior mining stocks higher:
1. Some well-publicized takeovers of a few juniors who are taken out at substantially higher prices. Not just take-unders at depressed prices, but takeovers where shareholders are rewarded.
2. One or more spectacular new finds that push a stock or stocks up 5x, 10x, or even 20x or more.