Grandich on Junior Gold Stocks – Gold “not cheap”

Posted by Peter Grandich via Mining Weekly

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Junior stocks face tougher sell – Grandich

miningweekly.com – It is more difficult for junior exploration companies to generate excitement and draw investors to their stocks than may have been the case ten years ago, financial commentator and editor of The Grandich Letter Peter Grandich commented on Saturday.

Speaking at the Cambridge House resources investment conference under way in Toronto this weekend, Grandich said that a lot of the “ingredients” that have ignited junior stocks in the past are no longer as prevalent.

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Gold ‘not cheap’, but no bubble either

miningweekly.com – Market watchers at this weekend’s Cambridge House Resource Investment Conference were by and large in agreement on Saturday that the price of gold, which reached above $1 300/oz for the first time on Friday, is not in a bubble.

That said, financial commentator and editor of The Grandich Letter Peter Grandich added that the metal could no longer be described as “cheap”.

…..read more HERE