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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


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.

time to read: 2 minutes by Mario Hose


Jared Scharf, CEO, Desert Gold Ventures Inc.
"[...] Our SMSZ project is the largest contiguous land package of any exploration company in the region at 400km2 and overlays a 38km portion of the prolific Senegal Mali Shear Zone. [...]" Jared Scharf, CEO, Desert Gold Ventures Inc.

Full interview

 

Gold becomes attractive for value investors

The US-investor Warren Buffett has set an example with his investment in Barrick Gold. In the past, the experienced and successful CEO of Berkshire Hathaway has always avoided gold companies, as the shares of other industries offered him ever more sensible investment opportunities in connection with their operational possibilities. However, due to the rising gold price, producers like B2Gold and Barrick Gold are making real money and can also pay dividends, a new fact that Buffett does not like to ignore.

Precious metal becomes rarer

According to its own information, Barrick Gold expects that in 2020 the highest amount of gold within one year will be brought to the market by the largest producers, at around 118 million ounces. From then on, an annual decline is to be expected. In 2029, only a quantity of about 65 million ounces of gold is expected, which corresponds to a decline of 45%. There are several reasons for this development. Firstly, the attractive areas are already in production and in addition it is becoming more and more costly to develop new areas. Regulations and restrictions often make it difficult for the industry to expand.

Takeover candidate in West Africa

Given that the reserves of the largest producers have decreased by around 34% since 2012, these mining companies must continuously look for attractive supplies. Each ounce of gold can only be mined and sold once. For this reason, the producers also like to look at attractive takeover targets in their neighbourhood. In West Africa, B2Gold and Barrick Gold each operate gold mines. Not far away, the exploration company Desert Gold Ventures is also active in the areas covering more than 400km2.

Further drill results expected

The company has reached several milestones in recent weeks. Firstly, Desert Gold has raised more than CAD 6.8 million in fresh capital from investors at a price of CAD 0.28, and in addition, management has confirmed the assumptions made in the latest drill program with regard to expected deposits and further discoveries have been announced. Final drill results from the latest program are expected to be released shortly. Work on the projects will resume in approximately six weeks. With the fresh capital, the Company is well positioned for the coming drilling season.

The profit lies in purchasing

On the stock market, however, Desert Gold's share price is in a downward spiral and has lost significant value in recent weeks due to profit-taking. Approximately six weeks ago, the shares changed hands at over CAD 0.30. Despite the successful financing round at CAD 0.28, the share price has since fallen to CAD 0.17. Volatility is a side effect on the stock market and with good timing an attractive yield can be achieved. Desert Gold's management has not only reported good drill results, but the company now has probably the highest cash position since its incorporation. Against this background, it is probably only a matter of time until the share price returns above CAD 0.30. Those who cannot decide on a particular company should diversify.


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.


Related comments:

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.

Read

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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11. September 2020 | 10:50 CET

Newcrest Mining, Barrick Gold, Blackrock Gold: Eat and be eaten

  • Gold

Major gold producers are shining with fundamental data. This increases the scope for important acquisitions. At the same time, young companies are attracting attention. Is a wave of takeovers following?

Gold has become a serious alternative for many investors. Even investment professionals, who until now have tended to focus on bonds, are now adding precious metals to their portfolios. Due to high liquidity and certain investment guidelines among professional investors, equities are also increasingly becoming the focus of attention. But not all shares are the same - investors should not blindly buy everything that has "gold" or "mining" in its name.

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