The Little Known Secret Of Buying Gold At A Discount

Gold-mining juniors now rule the day. And the secret to their success is discount gold. The real leverage for higher gold prices isn’t hiding in plain sight. It’s hiding in the massive mineral reserves of junior miners. Those miners have recently become the lynch pin for the survival of the entire industry. And there are only three things an investor needs to know in this scenario: 1) Discount gold is what you get when you buy shares in a gold company that has proven resources but is significantly undervalued at today’s gold prices. 2) Some of these juniors are sitting on gold reserves that could determine whether or not the biggest miners in North America are able to staunch the decline in output. 3) Not all juniors are equal. What’s discount gold today, won’t be discount gold tomorrow. Take African Gold Group (TSX:AGG.V, OTCMKTS:AGGFF), for instance: It’s sitting on 2.2 million ounces of mineral resources in Mali, and according to a recent report, it has drilled less than 10% of its almost 260 km2 of concessions. The ... Click here to view full article