Some Junior Explorers To Buy?

As mentioned before, I will not get too heavily invested in the more speculative junior explorers at this time, since I think many will have to dilute shareholders to raise cash, especially if they see a decent rally first. Still, I am interested in opening positions in the better ones, with a few more shown below. While keeping my exposure to “juniors” via the SILJ etf, which is actually more accurately described as a mid-cap producer etf. I see this area as the safer play as they already have cash flow to fund their exploration, but are still small enough they could be bought out, or grow quickly as they continue to increase their metals reserves. For those with more risk tolerance, starting small positions in the following companies might be a good idea. Go back and check the charts over the last five years (weekly), just to get an idea of just how much devastation has occurred in this group!

I will most likely wait until Friday afternoon to start buying these, as their weekly stochastics are continuing their move lower, but not yet oversold. However, if they mover lower sharply during intraday trading before Friday, I will have “stink bids” in below current prices where I hope to get buy orders filled.

There are several others too, I will try to post a couple charts each day of what I perceive to be some of the better junior exploration companies out there, but remember that these will be smaller positions with far less total risk to portfolios to start. If they work out, I might step in to buy much larger positions, but will keep the overall risk fixed at my pre-determined level, so they will have to prove themselves before I pyramid up in a position.