3 Junior Resource Stocks to Buy Now

by Gerardo Del Real

The sell-off in stocks last week and continued consolidation in gold and gold stocks is noise.

Look at a one-year, two-year, three-year chart of gold or silver or  bitcoin or the Dow or the NASDAQ or the S&P.

I actually like the pullbacks. The pullbacks are healthy, necessary, and shake some of the weaker hands out.
Copper held up very, very well last week. It hit a high of $4.33 a pound.

The junior copper names have had good runs as well. Regulus Resources hit C$1.28. A month ago, it was sitting there at C$0.85 when we were telling readers to look at it and buy it.

Chakana Copper (TSX-V: PERU)(OTC: CHKKF) held up well as well with a high of C$0.63 last week.

Look, I think the pullback's healthy.

I love the emails, keep them coming. I like responding to them and getting a feel for the pulse of subscribers and readers and followers. And so, to answer the question I’ve been getting from everyone...

Yes, this is a healthy pullback. We’re still clearly in a precious metals bull market. I think the equities are telling you as much, but there are some incredible bargains in the gold space that are emerging.

I would highlight Mawson Gold (TSX: MAW)(OTC: MWSNF) as one that had a pretty tough month. It was trading right around C$0.36. That's down to C$0.27 today. So Mawson Gold is an opportunity that I would absolutely look at.

K2 Gold (TSX-V: KTO)(OTC: KTGDF) is another one. They were delayed a bit as they are awaiting approval for future drilling at the Mojave Gold Project. I really like that project. I would not hold it through the mining permitting phase, though that may change. I like the team that's working on that.

But as far as an exploration gold project, it's an excellent project run by an excellent team. It’s a team that has the network to go out and diversify its project base by sourcing other projects. It’s part of the Discovery Group.

If you don't believe me, go look at Ethos Gold (TSX-V: ECC)(OTC: ETHOF). Go look at their last ten press releases. And that should give you some insight as to the network and deal-making ability that the Discovery Group possesses.

So I like Ethos Gold and I like Mawson Gold.

An undervalued copper play, if you're looking for one, Rockridge Resources (TSX-V: ROCK)(OTC: RRRLF).

And that's all the freebies that you get today, everybody.

Premium recommendations can be found here.

Let's get it!
 

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.