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Jim Payne, CEO, dynaCERT Inc.

Jim Payne
CEO | dynaCERT Inc.
101-501 Alliance Avenue, M6N 2J1 Toronto, Ontario (CAN)

jpayne@dynacert.com

+1 416 766 9691

dynaCERT CEO Jim Payne on attractive hydrogen opportunities


Sebastian-Justus Schmidt, CEO and Founder, Enapter AG

Sebastian-Justus Schmidt
CEO and Founder | Enapter AG
Ziegelhäuser Landstraße 1, 69120 Heidelberg (D)

info@enapterag.de

Enapter AG CEO and founder Sebastian-Justus Schmidt on the future of hydrogen


John Jeffrey, CEO, Saturn Oil & Gas Inc.

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

jjeffrey@saturnoil.com

+1-587-392-7900

Saturn Oil & Gas CEO John Jeffrey on the future of the company and ESG


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


Ryan Jackson, CEO, Newlox Gold Ventures Corp.
"[...] We quickly learned that the tailings are high-grade, often as high as 20 grams of gold per tonne; because they are produced by artisanal miners, local miners who use outdated technology for gold production. [...]" Ryan Jackson, CEO, Newlox Gold Ventures Corp.

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:

14. January 2021 | 18:43 CET | by André Will-Laudien

Blackrock Gold, Barrick Gold, Sibanye Stillwater: In gold, we trust!

  • Gold

Why does one need precious metals at the moment? For hedging? No question, we are currently in the biggest liquidity boom since the turn of the millennium, and every day there are new highs on the stock markets. Usually, one would say that there is no need for hedging. Nevertheless, a sensible spread across all sectors makes perfect sense. Right now, the hot topics are hydrogen, e-mobility and copper. When discussing mountains of debt and when inflation fills the gazettes again, then the need for precious metals is back immediately. Therefore, one can state: In asset price inflation, which is undoubtedly taking place presently, gold, silver and platinum will also potentially see a sharp price increase! In gold, we trust - at the latest if the Bitcoin loses 50% again!

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12. January 2021 | 10:18 CET | by André Will-Laudien

Osino Resources, FuelCell, Nikola: Things are moving fast!

  • Gold

Yesterday saw a not-so-surprising move in the super-shooter Bitcoin (BTC). Within 12 hours, the cryptocurrency corrected from levels above USD 40,000 down to USD 30,600, a daily loss of 25%. This correction was a move that had been in the air for a long time but was probably not expected at this speed. It is not for nothing that BTC has a calculated volatility of over 100%. However, the bout of weakness once again illustrates the cryptocurrency's high susceptibility to fluctuation. All the great euphoria thus escapes somewhat, but the fan community is likely already ready to fabricate new highs. As a result of the correction, the total market volume of all, currently around 8,225, digital currencies fell back below the one trillion-dollar mark. Last week, the mark had been surpassed for the first time. Speed is more in demand than ever!

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11. January 2021 | 10:08 CET | by Stefan Feulner

Geely, Desert Gold, Li Auto - Incredible development!

  • Gold

The trend towards electromobility and away from combustion engines is developing more and more rapidly. Almost all the electric car manufacturers across the board increased their sales figures by 100% in 2020. With new models and better battery technologies, the old automobile world's replacement is being strongly forced. The big technology groups are now getting into the lucrative electromobility business. In cooperation with Hyundai, Apple is probably making a start and others will follow, giving the industry another considerable push.

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