Chesapeake Gold: To 3.95; 6.30 by Q4 2019
Golds pending soaring action will of course help most stocks that have or will post revenues beat. One region to watch will be companies that have some or all development in Mexico and South America as lower inherent costs in these regions will drive higher sales and revenues.
The Gold stocks that are below 3.50 are risky and highly volatile, particularly as many of them have not posted consistent revenue beat quarters like some of the bigger players (which have still sunk stock wise but that's mainly because Gold has done little for value in 6 years).
PRO-TIP: Choose 2-3 Gold and 2-3 Silver stocks, including ones with a strong reputation and ones that have not fallen off drastically when Gold retraces (i.e. tickers: 'K' and 'AGI') and go with a few cheaper options that have proven low costs (i.e. CKG which we are discussing here). As always - do not over diversify.
- zSplit
The Gold stocks that are below 3.50 are risky and highly volatile, particularly as many of them have not posted consistent revenue beat quarters like some of the bigger players (which have still sunk stock wise but that's mainly because Gold has done little for value in 6 years).
PRO-TIP: Choose 2-3 Gold and 2-3 Silver stocks, including ones with a strong reputation and ones that have not fallen off drastically when Gold retraces (i.e. tickers: 'K' and 'AGI') and go with a few cheaper options that have proven low costs (i.e. CKG which we are discussing here). As always - do not over diversify.
- zSplit
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