Penny Mining Stocks – by Fred Carach (Part 2) | 101 Centavos

And this is of course true, but when you own 40-50 penny mining stocks and each position is considerably less than 1% of your investment capital, you need a quick and useful indicator of value, and this is one of the best. ... Penny mining stocks only asset is their mining claim, which is real estate. And the value of that mining claim is overwhelmingly determined by its location in a mining camp or proven mineral trend. When a mining camp reports a rich strike, ...

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