Good Gold Stock Performance
TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
Given Steve Saville’s all too accurate portrayal of the gold stock sector as one of big thrills and all too bloody spills (Poor Gold Stock Performance…), I thought I’d put up a chart of one of mine that I have held, traded a little, but mostly held.
Klondex is just a little engine that could and has been able to since establishing a bull market for itself in 2013, long before the sector bottomed (assuming it bottomed).
Here’s the weekly showing the beginning of KDX’s bull market (black arrow).
So if your resident gold stock expert does not have the likes of KDX.TO, KGI.TO, LSG and/or other relatively strong out performers on their recommended list, you might wonder why. These have been among the items I perceive as ‘relative quality’ as listed in NFTRH each week. And I am not a gold stock expert… duhhh.
Here’s a hint though… neither are the gold stock experts, most of the time.
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