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Posted by
Two Blokes Jul 10 -
Filed in
Stock
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7 views
Gold mining stocks, especially juniors like SGDJ, are poor long-term investments due to cyclical downturns, erratic cash flows, and heavy shareholder dilution. Despite bullish narratives, fundamentals show junior miners consistently underperform gold and the broader market, with decades of flat or negative real and nominal returns. SGDJ's high turnover, expensive valuation, and holdings of unprofitable, cash-burning companies make it unattractive for long-term investors.
