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NEM - Strategic Metals: A Prospect Generator Waiting To Shine
Newmont Mining Corporation
Introduction
Gold and gold-focused ETFs including the GDX and GDXJ are up. COVID-19 uncertainty, the economic downturn, and unprecedented government plus central bank actions have given gold new life. Here at Contra the Heard, we have benefitted from gold's return to form. Positions in Alacer (ALIAF) and Sprott (SPOXF) have shone, and others in Gold Resource Corp (GORO) and Major Drilling (MJDLF) show promise.
These investments were initiated between 2014 and 2018. Adding gold names at the time was not done because we are gold bugs