THE BADGER CRISIS LETS GET RICH
For an introduction to this approach for using the global pandemic crisis for gaining life transforming wealth, see my previous article. What follows is an expose of a few deeply undervalued micro gold stocks which can be used as a magic carpet to a golden future.
Monarch Gold (MQR)
https://www.monarquesgold.com/
Valued at $90 million. Has 9 Million oz of found gold in the ground and $9 mil cash. And here’s the kicker. It’s in FS (feasibility study) and the gold is only valued at only $9/oz.
Loncor Res (LN)
Valued at $70 mil. Has 15 mil oz of found gold in the ground and 5 mil cash. Gold only valued at $4 /oz. And note huge 15 mil oz.
Benchmark Met (BNCH)
Valued at $70 mil and $10 mil cash. Has 5+ mil/oz of found gold in the ground and gold only valued at $12/oz
Mirasol Resources (MRZ). In South America. It has numerous projects, most with major companies as partners who spend most of the money to develop. So they must be big potential properties for majors to commit like that. Next it has low shares outstanding, with a big percentage held by insiders (strong hands that don’t sell). And there’s more. Has a total cap of $24 mil and has cash or equivalent of $18 million, so the whole company is really going for only 6 mil. (w 5 big projects w major partners) and it has it’s own big project under exploration.
Caldas Gold (CGC)
Caldas is a recent spin off (they are usually good values) It has one producing mine in one of the most prolific gold districts in South America. It has only 50 mil shares and trades now for $2.70 /sh. So mkt cap is $135 mil. It has 22 mil cash. Now it gets interesting. It has 7.5 mil oz of found gold in the ground.
The plan of action is to purchase micro cap gold mines such as these, since they act like highly leveraged options on the gold price, with no time limit. The opportunity is that if, due to the crisis, the massive printing by the global CB’s at some point triggers hyper inflation, these stocks will increase massively in value. The key thing to remember is that in my estimation after the system ‘resets’ after the collapse, all governments will windfall tax all gold mines, so their prices will crash. This means one must sell them BEFORE the system is shut down at some point during the hyper inflation and physical gold purchased. That can be accomplished a number of ways. Online PM dealers, PHYS ETF, Sprott Physical Gold and Silver Trust (CEF.U), or Glint.com.