Why Gold Is A Sure Thing In 2017 (SPONSORED POST)

What’s different today? Quite simply, water and technology. Historic exploration was shallow, sticking to 400 feet at most because getting down to the water was too expensive and technically challenging.

The best part: It’s never been fully explored or exploited, and Broadway has already identified a series of high-grade gold and copper zones for expansion.

In the meantime, Montana is fast becoming the hottest mining venue in the world, and the competition is fierce. Sibanye, which is 20 percent owned by the Chinese, is trying to win approval for the US$2.2-billion takeover of Stillwater Mining Co. (NYSE:SWC) and its two Montana mines, which are the biggest platinum operations in the U.S., and even the biggest outside of South Africa and Russia.

#2 The Lucrative Copper Upside

This isn’t just about gold. There’s a huge copper upside here, as well. Broadway’s new acquisition is undoubtedly one of the largest copper mines in the U.S. And with copper prices jumping over 9 percent in January, there has never been a better time to get in on this metal.

The copper prospects here are just as exciting, and it makes the lucrative gold that much more attractive. Broadway is looking forward to finding deep-seated copper porphyry, common to the classic Butte copper porphyry, copper-gold multi-element system. So while the company is chasing down near-surface skarn material right now, just 600-700 feet deep, it’s going much deeper in the near future.

And timing is everything with a small-cap that’s got a stellar management track record: It has already drilled eight holes and lab results from the first three will come out possibly within a week.

#3 Advanced Stage Exploration

Broadway’s gold-copper play is an advanced-stage exploration project. Because they have all the underground mine workings already and have already rehabilitated it, they can gain access to the areas that the previous owners were bulk sampling. That means they have access to material immediately. At the same time, its surface drilling program that is already into Phase 2 is working toward Broadway’s maiden 43,000+ resource calculation.

#4 Fully Capitalized, and Hitting Drilling Hard

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Legal Disclaimer/Disclosure: This piece is an advertorial and has been paid for. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase ...

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Charles Howard 3 years ago Member's comment

Thanks for the info on #Broadways. $BDWYF looks to be an interest play. #gold $gld

Barry Hochhauser 3 years ago Member's comment

#Gold always does well in uncertain times and there's never been a more "uncertain" president than #Trump!

Craig Newman 3 years ago Member's comment

Enjoyed this, thanks.

Gary Tanashian 3 years ago Contributor's comment

Also, IMO, the gold stock play is not so much about inflation as it is the unwinding of inflation. Although copper would obviously be an inflation play. Problem there is copper has massive resistance at USD 2.90 to 3/lb.

Flat Broke 3 years ago Member's comment

Why is #gold a better investment than say #silver, or other #PreciousMetals? $gld $slv

Gary Tanashian 3 years ago Contributor's comment

Gold is more counter-cyclical than silver and is better in a deflationary enviro. Gold is not an investment IMO, it is insurance.

Sensible Cents 3 years ago Member's comment

Isn't #Gold always a sure thing? I mean the price may fluctuate up and down but I'd say nothing is more secure than gold. Much more so than paper #currency or #Digital Currency like #bitcoin.

Brittany Lacey 3 years ago Member's comment

I agree, give me good ol' #gold any day. After all gold is a girl's best friend. Or was that diamonds ;-)

Gary Tanashian 3 years ago Contributor's comment

May be a great company, but these things are considerations.

IB Trading 3 years ago Member's comment

Very true Gary, just as there's not such thing as a free lunch, there's never a sure thing and one must always look at the considerations. Overall, I think #gold looks promising though $GLD.

Katy Lin 3 years ago Member's comment

Gary Tanashian, what kind of considerations should I be wary of when buying #gold?

Gary Tanashian 3 years ago Contributor's comment

Just meant considerations having to do with the highlighted stock, not gold itself.

Gary Tanashian 3 years ago Contributor's comment

Stock has run 1300% already. Also, the company's parent index, the TSX-V, looks to have double topped.

Alexis Renault 3 years ago Member's comment

Thanks Gary, what does "double topped" mean?

Gary Tanashian 3 years ago Contributor's comment

The peak in Feb. '17 matching the peak in July '16.