Life After Mariana24 Jun 2017 12:03
I retain around 20% of my holding which I will now let convert to SSL (plus cash).
However, I still wish to have exposure to gold in my portfolio and have been looking for other juniors. Nemesis on here kindly mentioned Newrange Gold (NRG on the TSX) which looks very interesting: high grade results, Nevada based, no debt, recent cash raise and own 100% of the asset.
After the HM disposal "fisasco", I am wary of companies that own less than 100% of their asset or those that could be deemed to be in "challenging" jurisdictions.
Another one that I like the look of is Redstar Gold (RGC on TSX) which again has 100% of what looks a very promising high grade discovery in Alaska. Fully funded and 60% of shares held by Instis, including Sprott.
Am watching both closely and will probably (at least) reinvest my cash element in these over the next couple of weeks...
Atb whatever you do with your investment.