Close menu




October 29th, 2024 | 07:00 CET

Barrick Gold, Desert Gold Ventures, Newmont: The Opportunity for Gold in a Commodity-Scarce World

  • Mining
  • Gold
  • Commodities
  • Investments
Photo credits: pixabay.com

Imagine being part of a gold company before it catches the attention of the market's major players – an opportunity that investors like Ross Beaty have already recognized. At a time when the world's largest gold producers, such as Barrick Gold and Newmont, are struggling with stagnating production volumes and rising costs, companies like Desert Gold Ventures (WKN: A14X09 | ISIN: CA25039N4084 | Ticker Symbol: QXR2) are gaining immense importance. Strategically located next to industry giants such as Allied Gold, B2Gold, and Barrick Gold, with a license for gold production planned as early as 2025, Desert Gold Ventures could be the next takeover candidate. This article explains why now is the right time to invest and what the current market situation means for investors.

time to read: 3 minutes | Author: Mario Hose
ISIN: BARRICK GOLD CORP. | CA0679011084 , DESERT GOLD VENTURES | CA25039N4084 , NEWMONT CORP. DL 1_60 | US6516391066

Table of contents:


    Dennis Karp, Executive Chairman, Manuka Resources Limited
    "[...] We will trigger indirect creation of 1,665 new jobs nationwide, while directly employing 300 staff - 270 operational and 30 administrative. [...]" Dennis Karp, Executive Chairman, Manuka Resources Limited

    Full interview

     

    The hidden gold treasury: Desert Gold Ventures and its lucrative location in the heart of West Africa

    Desert Gold Ventures has secured a vast area of 440 km² in West Africa, in the immediate vicinity of industry heavyweights such as Allied Gold, B2Gold, and Barrick Gold. This neighborhood could be the key to significant value appreciation as Desert Gold establishes itself as the next major player. Why this area in particular? Desert Gold Ventures' management has already identified 1.1 million ounces of gold in the ground as part of their exploration, and production is set to begin soon. Those who get in early could benefit significantly from such a strategic location.

    Gold Reserves with Potential: An Ounce for Just USD 10.00?

    With a market capitalization of only around USD 11 million, each ounce of gold in the ground at Desert Gold is currently valued at around USD 10.00 – this presents remarkable potential compared to the current spot market price of over USD 2,700.00 per ounce. Such a discrepancy in valuation could hardly be more enticing for investors. If gold production starts as planned in 2025, Desert Gold Ventures could become a true insider tip for those looking to benefit from its current valuation.

    The road to production: Preliminary Economic Assessment as the next milestone

    Desert Gold Ventures is currently preparing a preliminary economic assessment (PEA) that will clarify the details for production from 2025. This data is a critical milestone in demonstrating the project's true potential. Once this assessment is available, Desert Gold could enter an entirely new growth phase. Investors who get in now could reap the rewards of a dynamic increase in value before the mass market discovers the stock.

    Revenue from gold sales: A leap into the future

    Once gold production begins and initial revenues start flowing, Desert Gold Ventures will be elevated to a new level. The Company could be in a position to further explore the remaining 440 km² area from its own funds, thus continuously increasing its potential. The current valuation will then possibly be nothing more than a memory of times gone by. Share buybacks and dividend payments are also scenarios that could make the Company even more attractive to investors in the future.

    Bargain price of CAD 0.08: A value buy with the prospect of higher profits

    On its home exchange in Toronto, Desert Gold shares were recently trading at CAD 0.08. While trading volume has increased in recent weeks, the stock still appears to be in a phase of relative undiscovered potential. However, this low valuation may soon be a thing of the past. The stock is also tradable in Germany, making it easily accessible for investors.

    Buy recommendation with target price: Analyst sees potential up to CAD 0.425

    Analyst Matthias Greiffenberger of GBC Investment Research has issued Desert Gold Ventures a clear "Buy" recommendation, setting a target price of CAD 0.425. This recommendation speaks for itself: Desert Gold is a company with enormous potential that may soon see its value multiply. Those who invest now could benefit from future gains and accompany the Company on its path toward sustainable growth.

    Conclusion: A unique investment in the gold industry

    For investors who do not want to miss a favorable entry point, Desert Gold Ventures (WKN: A14X09 | ISIN: CA25039N4084 | Ticker symbol: QXR2) offers a unique opportunity. With production expected to begin in 2025 and a valuation gap that holds the potential for substantial gains, Desert Gold Ventures could be one of the most exciting stocks in the coming days and weeks. Successful Canadian star investor Ross Beaty is already invested in Desert Gold Ventures.

    Desert Gold Ventures Inc., 3-year chart in EUR, Stock Exchange: Tradegate, as of: 27.10.2024, source: Refinitiv

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a "Transaction"). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company.
    In this respect, there is a concrete conflict of interest in the reporting on the companies.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
    For this reason, there is also a concrete conflict of interest.
    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    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



    Related comments:

    Commented by André Will-Laudien on October 22nd, 2025 | 07:35 CEST

    Gold and silver – New record highs! Keep an eye on Barrick, Agnico Eagle, Desert Gold, and First Majestic!

    • Mining
    • Gold
    • Silver
    • Commodities

    Silver prices broke through the USD 53 mark for the first time at the beginning of the week, and gold is attempting to reach the USD 4,300 mark. Precious metal enthusiasts have been anticipating these moves for a long time, but traders on the futures exchanges clearly have not. In addition to extreme physical scarcity, the exploding prices are also attributed to heavy short squeezes. The physical silver market is under tremendous pressure as the availability of real metal to hedge the numerous futures transactions is severely limited. This imbalance is causing erratic market reactions and driving the spot price into an almost exponential sell-off. The current rally in precious metals is driven by geopolitical uncertainty, industrial demand factors, and the search for safe investments. In times of excessive government debt, the weakness of the US dollar is now also weighing on the market. Which companies should investors keep a close eye on now?

    Read

    Commented by Fabian Lorenz on October 22nd, 2025 | 07:30 CEST

    SHARE PRICE EXPLOSION for commodity gems!? Nordex, Aurubis, Salzgitter, and Power Metallic Mines!

    • Mining
    • Lithium
    • Copper
    • Commodities
    • Steel
    • Wind
    • renewableenergies

    Shares in the commodities and precious metals sector have been unstoppable in recent weeks. Power Metallic Mines could soon become an explosive latecomer to the rally. There are good reasons for this, as the CEO recently made clear. At Aurubis, the rally appears to be over for now. Analysts are skeptical, and the major shareholder is cashing in his shares - albeit in an unusual way. So should you sell now, too? The past few months have been unusually positive for Nordex. There is currently no sign of a slump in the wind business. What are analysts saying after the latest order intake?

    Read

    Commented by Carsten Mainitz on October 22nd, 2025 | 07:25 CEST

    The stock market success stories Almonty Industries, TKMS, and Steyr Motors are opening a new chapter - and it is still not too late to get in!

    • Mining
    • Tungsten
    • CriticalMetals
    • Automotive
    • hightech
    • Defense

    The trade conflict between the US and China is intensifying and reaching a new strategic dimension. Beijing is deliberately restricting exports of critical raw materials and rare earths that are indispensable for high-tech industries, defense, and the energy transition. Western industries are coming under pressure, security of supply is faltering, and prices are rising. Meanwhile, the beneficiaries of this situation, such as producers of critical raw materials, are experiencing a boom. What happens next, and what does the stock market newcomer TKMS have to do with it?

    Read