“Our day has come” is an idiom that signifies the arrival of a long-awaited and opportune moment for something to happen or a decision to be made. It implies that the time is right and the circumstances are favorable for the desired outcome.
Having witnessed huge gains in the metals themselves (gold, silver, copper and uranium), then major producers and related equity opportunities, the long awaited day in the Sun (hopefully longer than that-LOL) for the junior resource market is upon us. It comes with little or no bullish sentiment, and many former and current owners who have sworn never to touch them again.
While I remain very bullish on the metals themselves, and have even raised my silver view to equal that of gold, mining shares over the physical metals appears to be a great avenue to take now for those fully mentally and financially prepared for potential loss of capital.
The performance of mining shares has been greatly smeared, mainly because the lowest members on the “Totem Pole”, junior resource shares, have greatly underperformed.
In regards to junior resource stocks I own (and all but one are also blog sponsors), this is my portfolio based on dollar value as of today:
- Northisle Copper & Gold (most shares ever held).
- Arizona Metals (most shares ever held).
- Northern Superior Resources (most shares ever held)
- Radisson Mining
- Group Eleven Resources
- American Pacific Mining
- Amex Exploration
- Independence Gold
- Canterra Minerals
- Big Ridge Gold
Why We Are Due for a Junior Mining Stocks Up-Cycle
As always, remember failure is the norm in the junior resource market. Many of the companies above are not likely to go all nine yards no matter how honest and hard working they are.
