CRDNF - Gold At $1500/Oz: My Top 5 Gold Developer Stocks
After breaking out into the ~$1,530/oz range, over the last week or so gold has started to cool off a bit. Still, the yellow metal currently finds itself hovering around ~$1,500/oz, and this must be music to the ears of many aspiring gold producers.
Source: Goldprice.org
For the higher-quality gold projects out there, ~$1,500/oz should be more than a healthy enough gold price needed to produce positive free cash flow from operations.
The following gold stocks (listed in order from closest to declaring commercial production) are my top developer picks in the sector at this