I feel like an oversexed guy in a whorehouse"I feel like an oversexed guy in a whorehouse. Now is the time to invest and get rich." Those are the wise words of Warren Buffet given during a 1974 Forbes article. At the time he was finding bargains hand over fist in the general stock market.
Those words express my current sentiments to the 'T' in regards to the bargains I'm seeing in the resource sector. I have a gut feeling that we are in for a historic rise across most of the junior resource stocks. My current favorites right now are the Global Uranium Fund. I mentioned this fund before but I think the entire uranium sector is extremely oversold and with this one ticker (GUR.TO) you are buying into a well balanced selection of some of the very best pure play uranium stocks out there. Another one of my favorites is Serengeti Resources. They just hit a stellar hole today measuring 610 Meters Grading 0.74% Copper, 0.78 g/t Gold Including 75 Meters of 2.28% Copper, 1.92 g/t Gold. Those are some really stellar numbers. The stock is up over 100% today on extremely strong volume. Currently the market cap runs a little over 50 Million which I think is a steal. I came across an amazing tool today which gives a 3D visual demonstration of the drill holes and mineralization. A quick view of the Kwanika deposit gives some perspective to the mineralized body. It's very close to surface and looks like a deposit is beginning to form. Check out the 3D results here: Kwanika - Kwanika - (Serengeti Resources) - Corebox.net |
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