Moriarty: “Cabral Keeps Releasing Bonanza Grade Gold Results in Brazil “
I keep trying to make an especially valid point that gold and silver resource stocks are cheaper than they have ever been relative to both commodities and the S&P. Lots of other writers have woken up to the idea that the general stock market has already jumped off a very tall cliff. And it’s a long long way to the bottom. All that stupid money that flowed into NFTs and SPACs and cliptocurrencies is going to be looking for a new, safer home shortly.
The quality of juniors in the resource space is better than I have ever seen it. We don’t have five or ten high quality companies, we have hundreds. All selling at the lowest relative prices in history. Regardless of what happens in Canada as Trudeau goes full Nazi or Ukraine as the US goes tone deaf stupid, the overall markets are going to continue to crash for years. Gold and silver remain the only markets that have not been hitting new highs. But they will.
I wrote about Cabral as recently as two months ago. They continue to have outstanding drill results being released almost weekly. The company is in the midst of a 25,000 meter drill program at their 100% owned premier Cuiú Cuiú gold project in central Brazil. From 1978 until 1995 this region in Brazil had the biggest placer gold rush in history with estimates of production between 20 and 30 million ounces…
CLICK HERE to read the full article over at 321gold.com