Mississauga, ON -- (SBWIRE) -- 06/08/2021 -- AllPennyStocks.com Media, Inc. (https://www.AllPennyStocks.com/) announces its latest article titled "One Drill Rig Cutting Gold is Good, Two is Better, As This Gold-Finding Upstart Keeps Impressing."
Companies mentioned in this article include Graycliff Exploration Limited (CSE:GRAY) (OTCQB:GRYCF).
Article Excerpt:
Gold has been on a terrific run lately, climbing from a 52-week low of $1,673 per ounce in March to back over $1,900 this month. The 52-week low needs to be kept in context as it only came after gold set an all-time high of $2,089 in August, 2020. Part of the recent uptrend is owing to goldilocks numbers from the U.S. jobs market, including wage inflation continuing to increase, coming in at +0.5% in May after +0.7% in April.
On this trajectory, gold could be back over $2,000 an ounce again in a matter of months, or even weeks. Gold explorers have been benefiting from the favorable outlook. Graycliff Exploration Limited (CSE:GRAY) (OTCQB:GRYCF), a junior explorer making substantial progress at its Shakespeare Gold Project outside Sudbury, Ontario, has been a standout, rising 84% from 51 cents on May 12 to 94 cents on May 19. The stock has trickled back a little but is still holding most of the gains at 83 cents.
The full version of this article can be found at: https://www.allpennystocks.com/specialreportsca/1544/one-drill-rig-cutting-gold-is-good-two-is-better-as-this-gold-finding-upstart-keeps-impressing
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Note: AllPennyStocks.com has been compensated twenty-four thousand dollars from the company for its efforts in presenting the GRAY profile on its web site and distributing it to its database of subscribers as well as other services. For a complete disclaimer, investors are encouraged to click here: https://www.allpennystocks.com/spotlight/1068/graycliff-exploration-ltd.