The precious metals are in a bull market and we are coming off one of the worst bear markets in the sector in the past 40 years. The upside here is unbelievable, the fundamentals could not be better! Make no doubt, this is the greatest opportunity you may ever have to quickly add digits to your personal net-worth.
Silver is up 23% for the year and gold is up 18%.
The mining shares are exploding to the upside and we’ve barely begun. Our suggestions are of the highest quality and many of them are much more valuable than they were 5 years ago when they traded for much higher prices.
Here are the gains we have seen thus far for the year!
FF 105%, profiled January 4th
AG 303%, profiled January 18th
EXK 308%, profiled January 19th
AUG 20%, profiled February 22nd
BRI 85%, profiled March 7th
LIX 72%, profiled March 29th
Don’t worry, you haven’t missed anything if you just subscribed. We are barely into the top of the first inning for this new bull market that will last for years.
Take Brazil Resources (TSXV: BRI & US: BRIZF), when this company had essentially just rock in the ground, it traded as high as $1.75. 5 Years later, they trade for $1 Canadian and about 78 cents in the U.S.
Today, they have 11 million ounces of gold-resources. Over a million ounces was added since our March 7th buy recommendation.
According to our good friend Marin Katusa, this is one of the best gold optionality plays in the sector; and he’s backing this up by buying millions of shares along with his partners Rick Rule and Doug Casey. In fact, as a group, they are the single largest shareholders of BRI.
Prior to this recent update on their gold-resources, BRI has current price targets that range from $2.20 to $2.90 per share. However, I would point out that these price targets were made with the assumption that the bear market would persist in 2016, and we know that is NOT the case at all.
Marin Katusa has told us, in his opinion, BRI based off its current assets is a $5+ stock. BRI currently has a market cap of less than $100 million and the company itself has said it plans to spin out one of its projects in Canada. It is likely this one project will have its own market cap near BRI’s current one.
In my opinion, the upside for BRI is enormous. Our Recommendation: Consider shares of Brazil Resources (TSXV: BRI and US: BRIZF) Immediately.
We will be updating our March 7th profile of BRI this weekend. If you haven’t read our current write up, please click here.