“Some Junior Gold Developers Offer 5x to 20x Opportunities” says Fund Manager Dave Kranzler

“By far my largest percentage holdings are the junior [gold] development stocks because I think you are looking at anywhere from a five-bagger to a potential twenty-bagger in some cases,” says fund manager Dave Kranzler in this MSE episode.  He also is expected gold to be north of $2500/oz and silver in the mid-$30’s/oz range by year-end 2024.

Dave is the editor of the Mining Stock Journal. He returns to the program to provide his commentary on precious metals and reveal some junior gold stock picks. Dave holds an MBA from the University of Chicago with a concentration in accounting and finance.  Over the years he has worked in various analytic and trading jobs on Wall Street.  For nine years of those years he traded junk bonds for a large bank.  For the past 16 years, Dave has been an avid student of the precious metals markets and steadfast proponent of holding physical gold and silver in one’s portfolio.  Currently, he co-manages a precious metals and mining stock investment fund in Denver.  Dave’s stated goal is to help people understand and analyze what is really going on in our financial system and economy.

0:00 Introduction

0:50 Summer outlook for gold/silver

9:34 Year-end gold and silver price targets

10:31 In-the-money call options on gold & silver stocks

11:30 Silvercorp Metals Inc.

15:00 Calibre Mining Corp.

18:44 B2 Gold

21:50 Cabral Gold

27:04 Paramount Gold Nevada

29:58 U.S. Gold Corp.

33:50 Angus Gold

38:06 ASX exposure?