Thursday , 21 November 2024

Any 1 Of These 20 Stocks Could Be A 10-Bagger At Higher Gold & Silver Prices (+3K Views)

The list of stocks provided in this post are what I consider are a “must gold-miningown” if you want big returns. Why? Because most of them are potential 10-baggers at higher gold & silver prices. These are the cream of crop when it comes to risk/reward for large returns. They all have solid projects and growth potential. They all have the “goods” and are extremely undervalued. Take a look.

By: Don Durrett (The following article consists of edited ([ ]) and abbreviated (…) excerpts from the original, as posted on SeekingAlpha.com, to provide a fast and easy read.)

…To obtain 10-bagger rewards you need one primary thing: increased free cash flow. Thus, the stocks below will require higher gold & silver prices to reach lofty returns, but of all the gold and silver mining stocks, these are perhaps the best positioned to take advantage of higher gold & silver prices.

Stock Name Symbol Type Risk Share Price FD Shares FD Mkt Cap
Alexco Resource Corp. AXU Silver High .34 78M $26.52M
Almaden Minerals AAU Gold High .69 94M $64.86M
Argonaut Gold OTCPK:ARNGF Gold Moderate .86 159M $136.58M
Barkerville Gold Mines OTCPK:BGMZF Gold Moderate .19 242M $45.42M
Bear Creek Mining Corp. OTCPK:BCEKF Silver Moderate .42 101M $42.29M
Brazil Resources OTCQX:BRIZF Gold High .33 104M $33.78M
Coeur Mining CDE Silver High 2.48 138M $342.24M
Endeavour Silver Corp EXK Silver Moderate 1.42 108M $153.36M
First Majestic Silver Corp AG Silver Moderate 3.27 166M $542.82M
Hummingbird Resources OTCPK:HUMRF Gold Moderate .19 91M $16.82M
Integra Gold Corp OTCQX:ICGQF Gold High .25 415M $101.86M
McEwen Mining MUX Gold Moderate 1.06 305M $323.30M
Midas Gold Corp OTCQX:MDRPF Gold High .22 195M $43.64M
Orezone Gold Corp OTCPK:ORZCF Gold Moderate .19 126M $24.10M
Pan American Silver PAAS Silver Moderate 6.50 153M $994.00M
Perseus Mining Ltd OTCPK:PMNXF Gold Moderate .25 533M $134.66M
Sabina Gold & Silver Corp OTCPK:SGSVF Gold High .53 215M $113.30M
Silver Lake Resources OTCPK:SVLKF Gold Moderate .13 505M $66.38M
Silver Standard Resources SSRI Silver Moderate 5.18 84M $435.12M
Truegold Mining RVRVF Gold High .17 424M $71.93M

If you don’t want high risk, then stick with the moderate risk producers. However, when you are going after 10-baggers there is always going to be a degree of risk. Most of these stocks will rely on higher metals prices to boost their share price. Without those higher prices, they could easily drop in value. None of these are low risk stocks.

What they all have in common is undervalued resources. If you compare their resources (ounces in the ground) to their market cap, you will find that they are extremely cheap. None of them are exploration stocks. Most are producers. The rest either have a path to production, or are diligently working on one.

Go here for a short analysis of each stock (from the www.goldsilverdata.com database)…

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