Categories: Base Metals / Energy / General Market Commentary / Precious Metals
Topics: General Base Metals / General Energy / General Market Commentary / General Precious Metals

The most exciting time to be a mining stock investor

The most exciting time to be a mining stock investor

The most exciting time to be a mining stock investor is when a exploration company is drilling and awaiting assays.

Three companies at this exciting stage right now are Fiore Exploration, Redstar Gold, and Prosper Gold.

The potential for life-changing returns is possible.

Very few sectors offer the potential return of a mining stock in the discovery/speculation phase.

Sprott’s President and CEO, Rick Rule says, “Speculation is where the big money is made; however, that is where the big risks are.”

It is said that roughly 1 in 3,000 anomalies actually get to the stage of an economic mineral deposit.

Mineral deposits are rare and because of this, they become extremely valuable.This leads to the potential for a 2X, 5X, 10X, 50X, or even the elusive 100 bagger.

If the drill bit hits significant mineralization, it could be the start of huge gains.

NexGen Energy serves as a good example from the past few years. NexGen Energy’s stock has gone up eight times since the initial discovery was made, based on excellent uranium drill holes in Saskatchewan. This has occurred even in a depressed uranium market.

To see charts and continue reading please clcik link http://www.mining.com/web/exciting-time-mining-stock-investor/