Market Analysis: GOLD 3/25/2014

 

Why Rangold is The Best Among Gold Miners

Over the past couple of years we've seen other gold miners literally go bankrupt while Rangold Resources perfomed extremely well. While the company did see its profits fall like any other miner, their conservative business model and strong growth kept them on the right track.

So why is Rangold doing so well? Because over the last ten years their shares have added more than 800% to their value. They also have $170 million in working capital and zero debt! On top of all this, each year the company produces more than 100,000 ounces of gold than the previous year. They expect to produce 1.1 million ounces in 2014! Rangold is definitely a good place to put your stock.

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