How can investors of Gold get the Best Bang for the Buck?
Companies developing mines should experience strong share price increases as they approach production even with lower metal prices. Gold is approximately $600 an ounce. Many companies use $325-350 as a guide to take a mine into production profitably. Gold at $425-450 would make these mines extremely profitable and $500 gold and above hugely profitable. Therefore investments in developing mining companies usually have solid 1-2 year upside potential even if metal prices decline. One has to have patience with these future producers, but the upside is usually worth the wait.
