Is this the turn in the price of gold?
April could have been the low point of the gold price. Although there are many skeptics who do not believe that the gold price rally will continue. But especially in the junior gold mining sector this could lead to the best buying opportunities.
The FED's streamlining of its balance sheet will end in September. The trade dispute between China and the USA continues to boil. And the global economy is weak. Iran wants to withdraw from parts of the international nuclear treaty.
At the most recent meeting of the FED, it emerged that one or two rate cuts could probably come in the near future. It could be particularly worthwhile to look for gold and not least gold companies that are financially strong and produce good drilling results.
The price of gold has already made great strides and if a rush breaks out, it would be nice to be already invested in selected gold stocks. Because with it profits can be achieved. Previously successful management teams with projects in safe mining areas should be on the screen of investors. The better teams will win and they have to be filtered out.
Gold junior companies that deserve attention include Revival Gold and TerraX Minerals.
Revival Gold - http://www.commodity-tv.net/c/search_adv/?v=298883 - is a growth-oriented gold exploration and development company. It owns the rights to a 100% interest in the Beartrack Gold Project in Idaho, the previously produced and adjacent Arnett Gold Project. Further projects are being pursued and Revival Gold also owns 51 percent of the Diamond Mountain phosphate project in Utah.
TerraX Minerals - http://www.commodity-tv.net/c/search_adv/?v=299172 - is also making good progress with its Yellowknife City gold project. A large property in an outstanding gold district and with the best infrastructure should be able to be successfully developed.
TerraX Minerals' latest corporate information and press releases (https://www.resource-capital.ch/en/companies/terrax-minerals-inc/).
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