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AllPennyStocks.com News: Silver Spruce Resources Eyes Building Value by Verifying Exxon's Historical Work in Arizona

 

Mississauga, ON -- (SBWIRE) -- 05/24/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Silver Spruce Resources Eyes Building Value by Verifying Exxon's Historical Work in Arizona."

Companies mentioned in this article include Silver Spruce Resources, Inc. (TSX-Venture:SSE).

Article Excerpt:

Earlier this month, we put it out that we liked gold on the pullback from $1,300 per ounce last month to about $1,220 per ounce. Since, spot gold has trekked back upwards to close Monday at $1,261, moving back over its 50 and 200 day moving averages for the first time in over three weeks.

With that, there's reason to remain bullish long-term on gold, especially considering it keeps holding an uptrend even amid extremely low market volatility. When the day comes that volatility picks back up – and there's no doubt it will at some point – gold will be particularly fashionable to own as a safe haven asset. Add in the infrastructure initiatives of U.S. President Donald Trump and there is, in fact, reason to be bullish on precious and base metals across the board, particularly gold, silver, copper, zinc and lead.

Given the tailwinds in blue chips, investors have shied away from developmental miners to a certain extent over the past three months, but after hitting a low of 5 cents in January, it looks like Silver Spruce Resources, Inc. (TSX-Venture:SSE) may have found a bottom. Shares bounced off the 52-week low to as high as 12 cents in March, returning this time to make a higher low at 6 cents.

The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/718/silver-spruce-resources-eyes-building-value-by-verifying-exxons-historical-work-in-arizona.htm

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