“Boring” Gold Stocks That Triple Quickly

by Gerardo Del Real

Gerardo Del Real


I’ve sarcastically been saying the gold space is “boring.” 

You’d technically be correct in that assessment given that both gold prices and junior gold stocks are slightly down for the year so far.

You look at a company like Magna Gold (TSX-V: MGR)(OTC: MGLQF) and it looks like it's flatlined for, I don't know, the past five, six months.

It's just between $0.80 and $1.00, with small breakouts to $1.10. But it mostly bounces back and forth. 

Magna Gold will be a $3.00, $4.00 stock, I think, by the time the year is out — if it's not taken out because of how cheap it is right now.

Similar to Western Copper & Gold (TSX: WRN)(NYSE: WRN). That stock did the exact same thing. It was boring forever. 

I bought it at $1.47 last July in Junior Resource Monthly. And it just sat and it sat and it sat, and I had subscribers write in and say, "Look, this thing is not doing anything. Why don't you replace it with some of the new pumps, and some of the new dumps, and some of the new sexy names that are out there."

I said, "No. I like the team. I like the asset. I like the scale. I like the NYSE listing. I think it's a great way for institutions to play it, once it starts getting on the radar." 

And sure enough, that's happened in a really consequential way the last month, going from $2.00 to a high of $3.35 last week.

Those are the kind of moves that can happen in a hurry. 

And if you were out of the stock the past month, you just missed a 50% run. You missed the fun part because you got bored. 

And in the letter, we’re up in triple digits now. And it's got room to head higher.

The same thing is going to happen with companies like Magna Gold. 

The same thing is going to happen with companies like Revival Gold (TSX-V: RVG)(OTC: RVLGF).

The same thing's going to happen with small, overlooked gold royalty stocks like this one. 

And then those are all the free names that you're going to get for today, but these are stocks...

These are all stocks anchored by robust resources. 

They have excellent, competent management teams. Good jurisdictions. And nobody cares right now. 

I like buying when nobody cares. I also have the patience and discipline to wait that out. And I don't mind being wrong on a trade, or a long-term buy, for months on end. 

Because if I'm right, it's usually worth the wait.

There is a lot of value in the gold space still at $1,900 gold. 

If gold gets to new all-time highs... 

There's a lot of boring gold stocks right now that are easy triples by year-end.

Let's get it!

Gerardo Del Real

Gerardo Del Real
Editor, Resource Stock Digest

For the past decade, Gerardo Del Real has worked behind-the-scenes providing research, due diligence and advice to large institutional players, fund managers, newsletter writers and some of the most active high net worth investors in the resource space. Now, he is bringing his extensive experience to the public through Resource Stock Digest, Junior Resource Monthly, and Junior Resource Trader. For more about Gerardo, check out his editor page.

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