Connect with us

Hi, what are you looking for?

Trading Tips

Brian Leni: Gold Stocks Now the “Most Glaring” Bull Market Opportunity

Brian Leni, founder of Junior Stock Review, shared his thoughts on sentiment in the resource sector, saying it’s probably the worst he’s ever seen. In his view, that’s an indication that a turnaround is on the way.

In the near term, Leni believes gold stocks present the ‘most glaring opportunity’ for a bull market.

‘The debt’s rising, you have problems in Europe and the Middle East … so I think there’s every reason to think that the gold price and the silver price are going to stay in this range,’ he explained.

In terms of where he’s focusing, Leni said he’s moved a lot of money into prospect generators and hybrid prospect generators. In the hybrid model, a company with five projects might option four out and keep one for itself.

He mentioned Aurion Resources (TSXV:AU,OTCQX:AIRRF) in Finland as a stock he’s interested in.

‘They’ve been drilling their own property there, but it looks like the value right now that’s going to catch the market’s attention is actually in their joint venture project, Helmi, with B2Gold (TSX:BTO,NYSEAMERICAN:BTG),’ he said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
Enter your email address below and we’ll send you our best practices.

    You can unsubscribe at any time. Redstatefoundation respects your privacy and strives to be transparent about our data collection practices. Please read our Privacy Policy and Terms of Use.

    You May Also Like

    Trading Life

    Laura Wong Hon Chan is an interest rate options trader, who is currently a director at Bank of America Merrill Lynch in New York....

    Trading Secrets

    In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving the markets higher and what to be on the lookout...

    Trading Secrets

    SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39; sold 12/13/22 at 3669.91 = gain 1.59%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at...

    Trading Secrets

    I don’t like it when parts of a puzzle don’t match. You just don’t get a clear picture. As participants in the markets, we...