Two 20 bagger Gold Stocks to Watch

Gold has performed very good this year and looks like it will perform well in near future due to Covid-19 and financial crisis around the world. This is a very good time to own some attractive gold stocks in my opinion. Today I am going to show you two gold stocks which may perform great during Gold bull run and are pretty safe during gold bear market. These both stocks have good future.

Big River Gold(BRV:ASX) Big River Gold owns Borborema Gold project in Brazil. Borborema has 2.4Moz Gold with DFS completed and AISC just $713USD. Currently management is seeking funding to start developing a gold mine. The funding will be concluded by end of 2020 and construction will start in 2021. Gold production is expected to begin between end of 2020 and mid 2020.The pre-tax net present value (NPV), is discounted at eight per cent per annum. It has increased from US$218 million (then valued at around A$320 million, based on an exchange rate used by BRV in the DFS) to US$342 million (now roughly A$496 million on BRV's calculations). Currently BRV is trading at average 6 cents which is minimum 70% discount on fair value in my opinion.

Bardoc Gold Limited:(BDC:ASX) This is another gem with a great potential. Bardoc Gold Limited owns many attractive gold deposits. The management is expecting to complete a definitive feasibility study (DFS) on its project north of Kalgoorlie, Western Australia in the first quarter of 2020. BDC: ASX is planning to develop its 2.9 Moz gold mine next year. BDC is trading at average 8 cents with 40% discount at moment in my opinion.

These both stocks have great potential in near future. Everything mentioned above is just my own research and opinion. This not a financial advice. Please do your own research.

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