Use these juniors to enrich your gold gains

Article Excerpt

Top major gold miners like Barrick Gold (see page 10) are great additions to your portfolio. But junior miners like the two we look at below can also boost your portfolio returns—although with somewhat more risk. One risk we aim to pinpoint—and avoid or minimize for investors—is political risk (see box below). Alamos Gold produces around 71% of its gold in Ontario, with the rest from mining-friendly Mexico. Lundin Gold, a new stock this month for Power Growth investors, operates exclusively in Ecuador. That entails above-average political risk, but recent political changes have greatly lowered that danger. All in all, we think both juniors are poised to add to the strong 2019 gains they handed investors: Alamos jumped 46% and Lundin Gold soared 85%. ALAMOS GOLD $7.79, is a buy. Through the shares (Toronto symbol AGI; TSINetwork Rating: Speculative) (www.alamosgold.com; Shares o/s: 388.8 million; Market cap: $3.1 billion; Divd. yield: 0.7%) investors tap into the company’s Mulatos and El Chanate mines in Mexico, and the Young-Davidson…