The head of Aheadoftheherd.com isn't looking for huge producers with so much overhead that they can't profitably mine an ounce of gold. Instead, Mills seeks out the smaller mines with low capital costs. That's where the money will be made in the next two years, he says.
Equity valuations have so far failed to keep pace with rising bullion prices, but that makes for some outstanding investor opportunities among a few particularly well-positioned juniors that the newsletter publisher identifies as running ahead of the herd this summer.
If this is a bottom, the Federal Reserve Board export sees it as the ideal time to pick up bargains in the mining sector. He offers his diagnosis for what ails the markets and names companies that could survive the financial plague wiping out equities.
If you're among the many who consider investing in the junior resource sector nothing more than a crapshoot, look into the Ahead of the Herd Publisher's steps to derisk the inherently risky business of investing in junior resource companies.
Remember all these stage studies are only yes/no decisions on whether to move to the next stage. None of them mean you are going mining, there's no mine till every stage is completed, permits approved and the necessary financing arranged.
The founder of Longwave Analytics and Longwave Strategies proposes physical gold and certain gold stocks will be investors' best hedge and overall solution while sharing his thoughts on the current economic mess.
Some pundits are yelling for investors to take profits in junior resource stocks now. But the host of Ahead of the Herd online and editor of Ahead of the Herd newsletter, explains why $1,500 gold means investors should be cashing in, not cashing out.
Focusing on exploring the Samapleau nickel-copper project in Ivory Coast, West Africa and the nearby Lola nickel-cobalt project in the Republic of Guinea, a potential 170-kilometer long mining district.
While there is real value in the current resource of almost one million gold ounces deeper drilling may identify high grade and perhaps bonanza gold and silver ore shoots that may have fed the current resource.