Menu

Recent Interviews

Jerre Foo, Corporate Development Executive, Silkroad Nickel

Jerre Foo
Corporate Development Executive | Silkroad Nickel
50 Armenian Street #03-04, 179938 Singapore (SGP)

enquiries@silkroadnickel.com

+65 6327 8971

Silkroad Nickel: 'The course is set for dynamic profit growth.'


Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG

Dr. Thomas Gutschlag
CEO | Deutsche Rohstoff AG
Q7, 24, 68161 Mannheim (D)

info@rohstoff.de

+49 621 490 817 0

Interview Deutsche Rohstoff AG: "We can imagine additional investments in the field of electromobility."


Steve Cope, President, CEO and Director, Silver Viper

Steve Cope
President, CEO and Director | Silver Viper
1055 W Hastings St Suite 1130, V6E 2E9 Vancouver (CAN)

info@silverviperminerals.com

+1-604-687-8566

Interview with Silver Viper: Future price drivers and takeover fantasy


17. August 2020 | 08:00 CET

Barrick Gold, Desert Gold, SolGold - Buffett's Berkshire gives the starting signal

  • Gold
Photo credits: pixabay.com

When on Friday evening after trading hours the news went on the tickers that one of the richest people in the world was switching from banks to gold, then this in itself would have received attention. But that of all people Warren Buffett with his investment company Berkshire Hathaway is now investing in the gold sector has a completely different quality for the investment community. Buffett has always refused to invest in gold, this new attitude towards the precious metal will be the starting signal for a rally through new investor circles. In addition to Amazon, Apple, Facebook, Google, Microsoft and Tesla, gold shares obviously also belong in the portfolio. An exciting stock market week with buying opportunities begins.

time to read: 3 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

 

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


Gold is the oldest currency

In the past years the topic gold was only present in small investor circles and was more or less frowned upon by value investors. In the meantime, a lot has happened and gold companies are making a lot of money. The price of a troy ounce of the precious metal has risen from under USD 1,300.00 to over USD 2,000.00 in the past 16 months. With this price rise to a new historic level, producers like Barrick Gold are making a lot of money, which is why Warren Buffett has bought nearly 21 million shares of the company and now holds about 1.2% of the producer. Barrick's market capitalization on Friday was CAD 63.3 billion.

Central banks fuel demand

So far, despite the rise in the price of the precious metal, there has been little interest in the gold sector among private and small investors in Europe and North America. With Buffett's landmark decision that gold stocks belong in a value depot, interest in this sector will increase - and for an important reason, because of the increase in money supply by central banks, more and more investors have to use the precious metal to hedge their assets against loss of value.

Supply of gold will decrease noticeably

In addition to the taboo-breaking of Buffett, the decreasing supply of gold will also occupy the markets in the future. The reserves of the largest gold producers have already fallen by 34% since 2012. In addition, the production peak of the largest mining companies is expected in 2020 with around 118 million ounces of gold. By 2029, an annual decline to around 65 million ounces is forecast - this decline of around 45% will change the industry dramatically.

Not only large producers such as Barrick Gold and Newmont will benefit, but also smaller companies such as Desert Gold Ventures and SolGold. As reserves shrink, producers will have to acquire successful exploration companies in order to continue mining in the future. The high price of gold is currently also putting a lot of liquidity into the war chest.

Take-over candidate for Barrick

Desert Gold Ventures is looking for additional gold deposits in West Africa near a Barrick Gold mine. The company has already discovered gold at several locations on its 400 square kilometre projects and will announce the results of its latest drilling program shortly. Desert Gold's management plans to discover up to six million ounces in the existing structures and subsequently be acquired by a producer. In 2018, when the gold market in Africa was still at around USD 1,200.00 per ounce and still low, more than USD 200.00 per ounce in the ground was paid on acquisitions.

Not much imagination is needed to estimate the impact that the rise in the price of gold will have on the possible take-over price of Desert Gold. The market value of the company on Friday was CAD 31.5 million and from today's perspective, there is a chance that the stake will multiply in the event of a take-over.

Giant with deposits in Ecuador

SolGold is already a different caliber, as the company has explored around ten percent of the world's newly discovered gold in the past ten years. The market value of SolGold is CAD 836.6 million - with ample upside potential as the company has defined a copper-gold deposit in Ecuador since 2012 with 21.7 million ounces of gold, 9.9 million tonnes of copper and 92.2 million ounces of silver at the Alpala Project. A total of 13 projects have now been identified and SolGold intends to move forward rapidly with the exploration plan developed at Alpala to advance the other regional projects.

As the top dog, SolGold is also the only company in the world with a pipeline of opportunities with the same geology, regulatory, tax and social environment. Given that the company's market value is still less than CAD 1 billion and that there are numerous projects in the pipeline, the value of SolGold in a take-over would be significantly higher.


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:

19. April 2021 | 08:35 CET | by Stefan Feulner

NIO, NewPeak Metals, Barrick Gold - The calm before the storm!

  • Gold

The stock indices are still in a celebratory mood. Both the DAX and the Dow Jones benchmark index again reached historic highs last week. In addition to all the euphoria, there was the successful debut of the crypto exchange Coinbase, which also helped Bitcoin, Etherum & Co to achieve new all-time highs. Meanwhile, the first signs of life came from the precious metals for the first time in months. Gold was able to stop its losing trend since the beginning of the year and should become interesting again due to the fundamental data. One can profit from the favorable entry opportunities!

Read

19. April 2021 | 08:10 CET | by Mario Hose

Plug Power, Desert Gold, Bayer - Shares with opportunities despite all-time highs?

  • Gold

Almost all indices are near their all-time highs. No wonder, given the expansive monetary policy and the associated inflation expectations. Commodity prices, in particular, are seeing a sharp rise. Thursday, gold was able to break the resistance area at USD 1,750. Despite this positive environment, however, some stocks are far from their all-time high. We will take a closer look at these today.

Read

15. April 2021 | 07:24 CET | by André Will-Laudien

Coinbase, Plug Power, NSJ Gold Corp. - Bitcoin, inflation, gold - triple whammy!

  • Gold

The crypto craze has erupted. Nothing is currently causing as much of a stir as cryptocurrencies, their trading platforms and all the service companies surrounding them. Never before have there been such price surges in associated assets in such a short period. There is widespread talk of the crypto world as a means to combat inflation and provide a new payment system. Let's be honest: a currency that fluctuates by more than 500% every six months is hardly suitable for mapping the payment flows of millions of transactions in the goods sector. A Bitcoin that cost EUR 10,000 in the summer of 2020 has reached prices of over EUR 50,000 today. How should one deal with this alleged "currency" - Impossible, as Bitcoin itself is probably inflationary!

Read