Interview
Next on the list are gold-producing miners, which are generally good stores of value and have a bit of upside opportunity if they can acquire ounces cost-effectively. Barrick Gold Corporation (TSX:ABX; NYSE:ABX), Newmont Mining Corp. (NYSE:NEM), Anglo American Plc. (NASDAQ:AAUK), Goldcorp Inc. (TSX:G; NYSE:GG), Agnico-Eagle Mines Ltd. (TSX:AEM; NYSE:AEM) and a host of others are enjoying record profits, and I think that's going to continue.
For speculative strategies, I like the junior gold and silver explorers: Colossus Minerals Inc. (TSX:CSI) and Lago Dourado Minerals Ltd. (TSX.V:LDM) in Brazil, Continental Gold Ltd. (TSX:CNL), Waymar Resources Ltd. (TSX.V:WYM), CuOro Resources (TSX.V:CUA) and Seafield Resources Ltd. (TSX.V:SFF) in Colombia, Golden Reign Resources Ltd. (TSX.V:GRR.V) and Corazon Gold Corp. (TSX.V:CGW) in Nicaragua, Prodigy Gold Incorporated (TSX.V:PDG) in Ontario and Newstrike Capital Inc (TSX.V:NES) in Mexico. The latter just announced an incredible 230 meter intercept at 7+ g/t gold.