From Matt Badiali, Editor, Stansberry Resource Report:
Junior miners have broken out in the last four months.
The TSX Venture Composite Index – the “Dow Jones Industrials” of junior mining stocks – is up a huge 26% since its January low.
And if you took our advice back in December – when I told you to buy a basket of junior gold stocks and get ready for double-digit gains in 2016 – congratulations. Here’s how our basket has performed since that essay:
As I’ll explain in today’s essay, I believe we’re just getting started…
You see, investors are slowly returning to the sector. Mining stocks are less hated than they were last August, when the relationship between gold and gold miners changed.
It was incredible to see how much the market hated mining companies. While gold prices marched higher – and presumably, the companies that produced gold were seeing higher…