Brigus Gold Corp BRD Gold Penny Stock

One penny stock I recently added to my portfolio is a gold exploration penny stock. One of my favorite shows to watch on the Discovery channel was Gold Rush. This show was about several miners who had no mining experience and decided one day they were going to Alaska to mine for gold. The show caught my interest, although I am in no position to quit my job and move to Alaska anytime soon I decided I wanted to own a gold company of my own.

Gold Penny Stocks BRD, RIC, GRZ

Due to the popularity of a previous post highlighting gold penny stocks, I decided to write another article with one new penny stock and an update for the other two. My initial investment rationale was that since gold prices are at all time highs small cap or penny stock gold companies would be better positioned to benefit from the high prices. These companies would find it more economical to do more exploration then previously and would also have a better opportunity for increased earnings.