Menu

Recent Interviews

Matthew Salthouse, CEO, Kainantu Resources

Matthew Salthouse
CEO | Kainantu Resources
3 Phillip Street #19-01 Royal Group Building, 048693 Singapore (SGP)

info@krl.com.sg

+65 6920 2020

Interview Kainantu Resources: "We hold the key to growth in the Asia-Pacific region".


Justin Reid, President and CEO, Troilus Gold Corp.

Justin Reid
President and CEO | Troilus Gold Corp.
36 Lombard Street, Floor 4, M5C 2X3 Toronto, Ontario (CAN)

info@troilusgold.com

+1 (647) 276-0050

Interview Troilus Gold: "We are convinced that Troilus is more than just a mine".


John Jeffrey, CEO, Saturn Oil + Gas Inc.

John Jeffrey
CEO | Saturn Oil + Gas Inc.
Suite 1000 - 207 9 Ave SW, T2P 1K3 Calgary (CAN)

info@saturnoil.com

+1-587-392-7900

Saturn Oil + Gas CEO John Jeffrey: "Acquisition has increased production by 2,000%"


24. September 2020 | 09:15 CET

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

  • Gold
Photo credits: pixabay.com

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.

time to read: 2 minutes by Mario Hose
ISIN: CA09258M1014 , CA68828L1004 , CA0679011084


Matthew Salthouse, CEO, Kainantu Resources
"[...] We have a clear strategy for neutralizing sovereign risk in Papua New Guinea. [...]" Matthew Salthouse, CEO, Kainantu Resources

Full interview

 

Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author


Nevada in focus

Blackrock Gold's share price peaked at CAD 1.61 in July 2020. The shares are now changing hands at less than CAD 1.00. The value of the company has fallen to below CAD 100 million and with this development, it is certainly an invitation to enter the market at a reduced price.

The company recently announced that some of the projects would be floated on the stock exchange in a separate company. The project is currently being examined and in the event of a positive decision, shareholders will also have a stake in the new company. The spin-out gives the company the advantage that the project can be financed separately in the new company without further diluting Blackrock Gold for a necessary capital round. The companies can then focus on their own projects.

As Blackrock Gold has already announced, in July 2020 the company discovered a grade of 2,198 grams of silver equivalent ("AgEq") per tonne at 3.0 metres, which came as a surprise to market participants. In a further announcement, 1,577 grams of silver equivalent per tonne over 4.6 metres, including 3.0 metres at a grade of 2,215 grams of silver equivalent per tonne, was announced. The projects in Nevada offer potential.

Blackrock Gold CEO Andrew Pollard said: "(...) Though we experienced deviation in some drillholes that caused them to miss their targets, we've been able to recalibrate quickly as we ramp up our exploration efforts with the recent addition of a core drill rig. With many assays pending, and plenty of drilling to come, including at yet untested targets, we are excited to add a new chapter to this once storied district."

Setbacks were always opportunities

Osino Resources is focused on projects in Namibia and CEO Heye Daun is an experienced company leader. In the past, Daun had successfully prepared a company takeover and sold it to B2Gold. The previous company was also active in Namibia. Daun and his colleagues, in familiar surroundings, are driving the development of Osino Resources so that the first resource can be calculated as soon as possible. The ambitious team wants to have completed all the necessary drilling by October 2020.

The Twin Hills Central gold project is the focus of activities. The charm of the project lies in its high continuity and depth extension. A few weeks ago, the Osino Resources share was still trading at a peak of CAD 1.65. Currently, the shares are changing hands at CAD 1.35. A year ago the shares were trading at under CAD 0.80. During the Corona Crash in March 2020, the price of the share was even briefly below 0.45 CAD. Since then, the performance has been supported by positive reports.

Warren Buffett Bonus used up

Barrick Gold recently surprised the market with a strategic decision. The company will not develop the Pascua-Lama project in the border region of Argentina and Chile. This was preceded by years of dispute with the authorities and the population on the Chilean side. Barrick Gold justified its decision by stating that since the merger with Randgold, emphasis has been placed on developing a good relationship with the population.

The share was in the spotlight a few weeks ago when Berkshire Hathaway informed the market that the investment company had bought into Barrick Gold. As a result, the share rose by over 10%. The stock is now trading at around CAD 36.00 again - at the entry-level of Warren Buffett. Since April 2020, Barrick Gold has fluctuated between around CAD 30.00 and 40.00. With a market capitalization of around CAD 67 billion, the company is one of the heavyweights in the mining industry.


Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author



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:

30. July 2021 | 14:07 CET | by Armin Schulz

Barrick Gold, Theta Gold Mines, Rio Tinto - Gold picks up again

  • Gold

After the FED meeting, the gold price was able to gain significantly. Both the lower quoted bond yields and the weakening USD helped the gold price jump. The FED held out the prospect of reducing bond purchases but did not give a fixed date. Global gold demand has brightened significantly compared to previous quarters. Only jewelry demand is well below pre-Corona levels. On the other hand, Central banks have bought three times more gold than usual in the quarter, namely 200 tons. Gold could now soar to new highs.

Read

30. July 2021 | 12:54 CET | by André Will-Laudien

Facebook, NSJ Gold Corp, PayPal - Disappointment despite record figures?

  • Gold

Many market exaggerations in the past can be traced back to expected paradigm shifts, which in the end rarely or never materialized. Growth expectations shot into the stratosphere during the dot-com period in anticipation of a completely new age thanks to the Internet and mobile communications. However, the estimates of the impact of the Internet at that time were still complete fantasy. Today, however, the dot-com business models dominate the online world, and the relevance of most platforms can neither be explained away nor is their existence threatened. On the contrary, the so-called FAANG shares have a stock market value of USD 8.5 trillion. We do the math again...

Read

30. July 2021 | 10:12 CET | by Nico Popp

CureVac, Desert Gold, Steinhoff: Here, gamblers get their money's worth

  • Gold

Where can speculative investors still find returns today? Are they bankruptcy candidates? Companies deeply entangled in legal disputes? Or fallen angels? Or are they small companies with a clear vision and experience in growth projects? We do the check and present three stocks.

Read