Focus on Fundamentals

by Gerardo Del Real
 

I recently told you that it wouldn’t surprise me to see gold drop below the $1,800 level. I also told you to worry about fundamentals and ignore the Redditor silver squeeze propaganda.

A few days later here we are with gold at $1,788 and silver just below the $26 level.

Pullbacks — in both the metals and the juniors — in bull markets should be bought with an emphasis on quality names.

Gold Bull Resources (TSX-V: GBRC) (OTC: BLSSF) CEO Cherie Leeden has a corporate goal of outlining 5 million gold ounces by year-end. She also has the experience and the network to pull it off.

I spoke with Cherie, who went over the most recent resource update for the Sandman project in Nevada and the potential for M&A. You can catch the full interview here.

Enjoy.

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.

*Follow Gerardo on Twitter.