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Nick Mather, CEO, SolGold PLC

Nick Mather
CEO | SolGold PLC
1 King Street, EC2V 8AU London (GB)

emichael@solgold.com.au

+44 20 3823 2125

SolGold CEO Nick Mather on building a major gold and copper mining company


Jared Scharf, CEO, Desert Gold Ventures Inc.

Jared Scharf
CEO | Desert Gold Ventures Inc.
4770 72nd St,, V4K 3N3 Delta (CAN)

jared.scharf@desertgold.ca

Desert Gold Ventures CEO Jared Scharf on West Africa and its potential


Stephan Dorfmeister, Finance Department, Deep Nature Project GmbH

Stephan Dorfmeister
Finance Department | Deep Nature Project GmbH
Untere Hauptstraße 168, 7122 Gols (AT)

office@deep-nature.at

+43 681 10139055

Like Aurora Cannabis and Canopy Growth, Deep Nature Project GmbH focuses on value chain


27. May 2020 | 14:38 CET

B2Gold, Barrick, Desert Gold Ventures - Gold rush in West Africa

  • Gold

Interest rates in the G20 countries are historically low. Those who have cash in their bank accounts receive low interest rates at best or even have to pay a penalty. This situation will not change in the foreseeable future. On the contrary, the central banks' measures to stop the Corona Pandemic are expected to increase inflation and reduce purchasing power. Gold and shares of companies that participate in the value chain of the precious metal are a classic hedge for wealth and offer protection against slow devaluation.

time to read: 2 minutes by Mario Hose


Nick Mather, CEO, SolGold PLC
"[...] We knew the world was rapidly electrifying and urbanising and needing significant amounts of copper to do so. [...]" Nick Mather, CEO, SolGold PLC

Full interview

 

Fear of devaluation will increase

The current package of measures by central banks around the world is with around USD 9 trillion, is more than four times as large as the concerted activities during the financial crisis in 2008, which amounted to around USD 2 trillion. Following the financial crisis, the price of the troy ounce of gold rose from below USD 800.00 to over USD 1,900.00. It is therefore hardly surprising that Bank of America is predicting a potential gold price of USD 3,000.00 per troy ounce for 2021.

Producers start first

At the moment, various sectors are already in recovery mode and their stocks are rising, while the potential of gold company stocks is not yet in the public eye. Given that the gold price is expected to continue to rise and gold producers are already achieving high margins, it is only a matter of time before the run on gold stocks begins. Usually the shares of the well-known companies such as B2Gold, Barrick and Newmont rise first. However, the multiplication potential of these giants is limited due to their size.

Value driver is exploration

If you want to speculate that the investment will more than double or multiply, you should take a look at the exploration scene near major producers. West Africa is where the gold producers B2Gold and Barrick are located and in their neighbourhood are the exploration companies Desert Gold Ventures and Roscan Gold. The projects of these two explorers are mostly located in the west of Mali, the country with the fourth largest gold production on the continent. More than 2.1 million troy ounces of gold were produced in Mali in 2018.

Big, successful and unnoticed

While Roscan Gold's share price has risen from CAD 0.12 to more than CAD 0.45 since January 2020 and most recently had a market capitalization of more than CAD 75 million at CAD 0.38, Desert Gold Ventures' share price remains unchanged at CAD 0.145 and has a market capitalization of less than CAD 16 million. Desert Gold yesterday announced a drill program to expand on the discoveries made to date and possibly discover additional gold deposits.

Takeover candidate in case of success

Historically, the company has reported gold at 3.52 g/t Au and 6.28 g/t Au on its approximately 400 square kilometre properties. Desert Gold Ventures' project is reportedly the largest contiguous area in the region not yet in production. Therefore, it is expected that the awareness of Desert Gold will increase in the coming weeks and months.

Management is aiming for 1 to 6 million ounces of gold in the areas. Usually exploration companies with deposits of this size are taken over by experienced producers. As a guide for a takeover price, the price is around USD 100 per ounce in the ground. A perspective for Desert Gold shareholders that may be worthwhile.


Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


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24. September 2020 | 09:15 CET

Barrick Gold, Blackrock Gold, Osino Resources: buy when weak?

  • Gold

The price of gold and silver has come under pressure in the past few days and so too has the price of the shares of the companies involved in the creation of value for precious metals. The fear of another lockdown in connection with the Corona pandemic seems to be worrying the markets. Against this backdrop the central banks and governments continue to support the economy with measures. The correction in precious metals may now be an opportunity to enter, because when the presses are running at full speed, the oldest currency in the world is usually a safe haven.

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18. September 2020 | 09:00 CET

BHP Group, Newcrest Mining, SolGold: Getting bogged down or putting all your eggs in one basket

  • Gold

When it comes to investing in commodity companies, the BHP Group is a household name. The British company is active worldwide, mining coal, iron ore, copper and other commodities and has long been considered a solid dividend earner. But recently the company has disappointed: Special effects put pressure on profits, unrest in Chile made life difficult for BHP and the Corona pandemic also left its mark: the bottom line at the end of the financial year at the end of June was a profit of no less than EUR 6.75 billion. While the mood among investors was not particularly good, BHP cut its dividend by around ten percent, thus spoiling shareholders’ sentiment even further. On a year-on-year basis, the share price fell by around 1.4%. In view of the good performance of copper following the outbreak of the pandemic, this is too little for many investors.

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15. September 2020 | 11:00 CET

B2Gold, Barrick Gold, Desert Gold: Did Warren Buffett bet on the right horse?

  • Gold

The price of gold has stabilized above the USD 1,900.00 per troy ounce mark in recent weeks. Against the background that the Corona Pandemic is not slowing down and that a second wave is becoming measurable in many places, the actions taken by governments and central banks are continuing cheerfully, thus ensuring further demand for the world's oldest currency. Those who want to protect their assets are probably best off buying shares in a gold company like Warren Buffett, and for those who can't decide, there is also a solution.

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