by Adam Hamilton
The junior gold miners and explorers have soared dramatically in an amazing year, before falling hard this week. This sharp correction is doing its job in rebalancing bull-market sentiment, crushing greed and leaving traders wary of this sector. But gold juniors’ recently-released second-quarter financial and operational results prove their fundamentals are strengthening dramatically, a very bullish omen for stock prices.
The junior gold stocks are rightfully considered the Wild West of the gold sector. Most of the hundreds and hundreds of these small companies won’t prove successful. They won’t be able to secure funding to explore sufficiently, won’t be fortunate enough to find an economic deposit of gold to mine, or won’t be able to make the herculean leap from explorer to miner. The odds are stacked heavily against the gold juniors.