Gold Sector Overbought but Many Junior Gold Stocks Still Undervalued says David Erfle

In this interview, professional mining investor David Erfle, the Junior Miner Junky, provides his current commentary on the junior gold sector and how he is managing his personal portfolio.  David said the gold sector is technically overbought but there are still many junior gold stocks that are currently undervalued.

0:00 Introduction

1:15 Still “be right and sit tight?”

2:40 U.S. retail demand for junior gold stocks

5:28 Is GDXJ still useful for timing entries now?

7:22 Selling royalty companies to pursue higher potential return juniors?

8:36 Will you keep your mid-tier producers throughout the whole cycle?

10:08 Considering investing in a project with baggage under new management

12:00 O3 Mining’s C$40M bought deal….too much dilution?

14:01 Silver juniors…buy any turkey at this point in the bull market?

15:49 Gold sector M&A

17:22 Investors now preferring to buy physical gold vs futures contracts