These Five Gold Stocks Could Double?
TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
Written by SmallCapPower.com
Given the fact that the 5 gold juniors on our list today all have substantial Proven and Probable reserves, the greatest level of certainty for gold in the ground, many analysts forecast their stock prices to more than double within the next year.
1. Orca Gold Inc. (TSE:ORG) – $0.37
Orca Gold Inc. is a junior exploration-stage company focused on the acquisition and exploration of mineral properties in Africa. Its exploration focus is on the Arabian Nubian Shield in the north of Sudan, where it holds the Block 14 prospecting license. Its property is located close to the Egyptian border, approximately 700 kilometers north of Khartoum and over 300 Kilometers west of the Red Sea.
- Market Cap: $42 million
- Price Target – Mean Analyst Estimate (CAD): 0.80
- Upside Potential (%): 116%
- Proven & Probable Reserves (Au, Koz): 1,187
2. Atacama Pacific Gold Corp. (CVE:ATM) – $0.41
Atacama Pacific Gold Corporation is an exploration stage company engaged in the acquisition, exploration and development of precious metals resource properties in Chile. The Company, through its subsidiary Minera Atacama Pacific Gold Chile Limitada (Atacama Chile), operates the Cerro Maricunga oxide gold project, located approximately 700 kilometers north of Santiago. The Cerro Maricunga deposit comprises approximately three contiguous zones of gold mineralization occurring over a 2.3 kilometers strike length, including the northern Lynx Zone, central Phoenix Zone and southern Crux Zone.
- Market Cap: $29 million
- Price Target – Mean Analyst Estimate (CAD): 1.33
- Upside Potential (%): 223%
- Proven & Probable Reserves (Au, Koz): 3,743
3. Golden Queen Mining Co Ltd. (TSE:GQM) – $0.86
Golden Queen Mining Co., Ltd. is engaged in the development of the Soledad Mountain Project (the Project), located in the Mojave Mining District, Kern County, California. The Company incorporated Golden Queen Mining Canada Ltd. (GQM Canada), a British Columbia subsidiary, to hold the Company’s interest in Golden Queen Mining Holdings, Inc. (GQM Holdings). GQM Holdings owns an interest in Golden Queen Mining Company, LLC (GQM LLC), which explores and develops the Project. GQM LLC holds directly or controls through agreement a total of approximately 30 patented lode mining claims, over 160 unpatented lode mining claims, approximately one patented millsite, over 20 unpatented millsites, and holds directly or controls through agreement approximately 1,330 acres of fee land, which together makes up the Property.
This article has been edited ([ ]), abridged (...) and reformatted (structure, title/subtitles, font) by the editorial team of munKNEE.com (Your Key to Making Money!) to provide a faster & easier read than the original.
This article has been edited ([ ]), abridged (...) and reformatted (structure, title/subtitles, font) by the editorial team of munKNEE.com (Your Key to Making Money!) to provide a faster & easier read than the original.less