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PaulDeep19131
Nov 20, 2019 3:06 PM

African Gold: The Only Speculative Gold Stock to Buy Long

Description

Most people at this point are slowly beginning to believe that precious metals are at the very beginning of a historic bull-run in the making. This is now confirmed as many precious metal stocks that have posted excellent earnings reports are now at yearly highs, near yearly highs, or all-time records despite suppressed Goldspot.

While a huge amount of money is yet to infiltrate precious metals, it is increasing by the week.

As is obvious, any penny stock always carries incredible risk and volatility, however, small-cap juniors also have the greatest potential for huge returns for the next Gold and Silver run. In the next 12 months I foresee AGG reaching 2 to 3 dollars.

One of the best players will be AGG (African Gold Group) as there have been several "insiders" who have heavily invested in specific mines in Africa - this being one of them (that is occupied by AGG). This stock also continues to post huge volume which is also a more extrinsic sign something "big" could happen in the next however many weeks, months or years.

- zSplit
Comments
awh2830
Yes I own some...what are your thoughts on USAS?
PaulDeep19131
@awh2830, I like it around the current price but their past few earnings reports have not been stellar so I don't own the stock, I also wouldn't buy it here because there's far better options. I find it hard to invest in a company that hasn't posted significantly improved results year over year considering Gold and Silver have gone up tremendously from a year ago. There's also a ton of short interest in the stock.

Impala Platinum is my favourite precious metals stock right now that isn't that well known with big upside and stellar acquisitions over the years. I'd buy this one big-time on a pull-back.

Gran Colombia and GORO are my favourite "up-and-coming" gold stocks.
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