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Ryan Jackson, CEO, Newlox Gold Ventures Corp.

Ryan Jackson
CEO | Newlox Gold Ventures Corp.
60 Laurie Crescent, V7S 1B7 West Vancouver (CAN)

info@newloxgold.com

+1 778 738 0546

Newlox CEO Ryan Jackson on building a green gold producer with a rapid growth trajectory


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


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.

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

 

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:

23. October 2020 | 14:24 CET | by André Will-Laudien

Agnico Eagle Mines, Kinross Gold, Newlox Gold: Gold in vogue again!

  • Gold

When markets are particularly volatile, as they were, investors often turn to precious metals because they promise stability and value retention. For hundreds of years, gold has been one of the most valuable metals for the protection of assets. Because of its intrinsic value, gold is generally less volatile than the market as a whole. In short, gold can be a useful way to cushion speculative turns on the stock market. So the Portfolio Theory!
The diversification of your own portfolio with precious metal investments is a favored trading method. Since March, the gold price has risen continuously until summer. At the beginning of August, the gold price reached a new all-time high of around USD 2,000 per ounce. A large number of commodity analysts, however, have stated that the value of gold still holds considerable surprises until 2025, making gold mines a perfect vehicle to profit from this trend.

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21. October 2020 | 11:45 CET | by André Will-Laudien

Newmont, AngloGold Ashanti, Velocity Minerals - Gold runs bright

  • Gold

Physical gold inventories have increased steadily over the past decades and are currently at their highest levels. Namely because gold, unlike other raw materials, is practically indestructible and is not consumed except in small quantities in medicine or high-tech. As a result, the global amount of gold is continually increasing. The supposedly highest gold reserves are in the USA, where the government claims to have about 8,133 tons or 287 million ounces. Germany has the second-largest amount of gold reserves with 3,417 tons or 120 million ounces, followed by the International Monetary Fund with 3,217 tons (113 million ounces). The gold price has experienced a sharp increase in recent years. After exceeding the USD 1,000.00 per ounce mark for the first time in March 2008, it had already reached just over USD 2,000.00 per ounce by mid-2020. Investors can invest in the precious metal through derivatives, ETCs, mining stocks, or physical gold.

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13. October 2020 | 13:34 CET | by André Will-Laudien

Bayer, Barrick, Desert Gold: In Gold we trust!

  • Gold

The global economy moving at different speeds. In the USA, the ISM index for services is once again expanding slightly. In China, the mood in the service industry is once again pointing to a veritable recovery. In the eurozone, the economic sentiment examined by the analyst firm, Sentix, remains robust but without any new highs. Even with the rising infection rate, the pandemic will come to an end eventually. In Germany, economic data such as industrial orders, production, and exports, showed a slight slowdown in August. Nevertheless, the stock markets are swinging to new heights daily, as the latent threat from the infection necessitates further liquidity packages from governments. This monetary policy continues to imply very low-interest rates, a weakening USD, and rising inflation expectations. This environment should keep the demand for precious metals at least at a high level, so we remain on the lookout.

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