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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


Stephan Dorfmeister, Finance Department, Deep Nature Project GmbH

Stephan Dorfmeister
Finance Department | Deep Nature Project GmbH
Untere Hauptstraße 168, 7122 Gols (AT)

office@deep-nature.at

+43 681 10139055

Like Aurora Cannabis and Canopy Growth, Deep Nature Project GmbH focuses on value chain


20. July 2020 | 08:22 CET

Barrick Gold, Desert Gold, Yamana Gold - the Gold Rush has begun

  • Gold

Gold is money. Geologists of explorers, engineers of developers and the miners of producers - all are involved in bringing the world's oldest currency to us. The precious metal is also in demand in the modern society of the 21st century, and for a significant reason: gold cannot be printed and is therefore essentially different from the so-called fiat currency of central banks. Central banks around the world are currently printing money on a large scale to provide the general public with capital to prevent unrest and the collapse of the rest of the economy.

time to read: 2 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

 

Restrictions bring economy to a standstill

During the financial crisis in 2008, the central banks for the first time concertedly provided the market with larger amounts of money with special programs. At that time, the aim was to prevent the economy from coming to a standstill. In 2020 everything will be different. Politicians have even ordered the economy to come to a standstill by imposing restrictions to stop the corona pandemic. To alleviate the side effects the money printing machines of the central banks are now running and an end is not yet in sight.

Measures without comparison

With the increase in ongoing government and central bank support packages, the level of measures is likely to soon reach ten times the levels of 2008 and 2009. Considering the alternatives, this political process is the better way forward. Those who have assets now have to protect themselves against the threat of devaluation and this is where gold comes in again. Gold is rare, difficult to find and costly to refine.

Gold at an all-time high

In many currencies the gold price is already at an all-time high. In the lead currency, the US dollar, there is not even a 10% gap until a new high is reached. The price of gold futures with a physical delivery obligation already gives an indication of what the pricing may be like over the next 18 months. The August 2020 future is currently quoted at USD 1,809.40, while the December future is already quoted at USD 1,833.20, June 2021 at USD 1,851.70 and December 2021 at USD 1,859.40. One thing is for sure, as long as the central banks increase the money supply, the demand for gold will also increase.

Gold supply will decline

Low interest rates help the states to get further into debt, virtually free of charge. In the past, interest rates were bad for the price of gold. Another reason why the demand for gold will not fall. In addition, there will still be supply bottlenecks in the gold supply, as the world's largest producers have recorded a 34% decline in reserves since 2012. Gold production is expected to peak this year and Barrick Gold expects the production volume to fall from around 118 million ounces in 2020 to less than 65 million ounces in 2029.

Takeover target with potential

Producers such as Barrick Gold and Yamana Gold are thus dependent on exploration companies such as Desert Gold Ventures, which are looking for further gold deposits in their area. Desert Gold owns more than 400 km2 of properties in West Africa in the vicinity of B2Gold, Barrick Gold and Iamgold. The current drilling program of the exploration company is expected to bring further discoveries to light. The team has been successful on several occasions in the past and is targeting the discovery of up to 6 million ounces.

In Africa, acquisitions in 2018 have already paid more than USD 200.00 per ounce in ground. At that time, however, the price of gold was significantly lower. Desert Gold's share price has been rising for several weeks now - slowly but steadily. Investors are positioning themselves with the major landowners, a takeover target par excellence.


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 shares in the aforementioned companies and that there may therefore be a conflict of interest. Further details can be found in our Conflict of Interest & Risk Disclosure.


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03. August 2020 | 07:53 CET

Ballard Power, NEL ASA, Desert Gold - why we will see panic

  • Gold

In the past two years, the shares of listed hydrogen companies have risen significantly due to a lack of alternatives. A new eco-system with hydrogen as an energy carrier is being created worldwide and, as part of the development process, suppliers from all parts of the world are positioning themselves - around the globe. Some of these companies already have a long history and can now enjoy state-subsidized success. Political measures and the increase in the money supply, by the central banks, are creating a boom in demand in another sector, which only a few investors have focused on so far - the discovery of gold reserves. The flight from money is driving the demand for physical gold to historic highs and an end is not in sight due to the threat of a second wave of corona contagion. The major producers have already seen their gold reserves shrink by 34% since 2012 and it is feared that the annual production volume will fall from 118 million ounces in 2020 to below 65 million ounces in 2029. A takeover wave in the exploration sector is a logical consequence.

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30. July 2020 | 08:33 CET

Kinross Gold, Osino Resources, Scottie Resources - why now is the right time

  • Gold

It seems as if it has already been decided that the gold price will soon hit the USD 2,000.00 mark. This price is now only symbolic in character, as the precious metal is already at an all-time high and its value continues to rise. Due to the increase in the money supply by the central banks, more and more people are fleeing into the oldest currency in the world and buying gold. Next, the shares of producers and exploration companies will come into focus. Anyone who wants to be part of this must position themselves.

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28. July 2020 | 07:55 CET

Desert Gold, NetCents, SolGold, Triumph Gold - the big push is yet to come

  • Gold

Since the beginning of 2017, Bitcoin has been trading at over USD 1,000.00 and the establishment of this psychological mark has been celebrated by the crypto community as a historic breakthrough of a new system. A system that will continue to exist as an alternative to fiat money and as a new currency. The main argument for the Bitcoin was and still is that the number is finite. During 2017, more and more people became interested in the digital currency and the price escalated to USD 19,738.00. Even gold, as the oldest currency in the world, is almost finite, because it cannot be printed and must be found and mined at great expense. Since the beginning of the week, the price of gold has been trading at a historical level of around USD 1,940.00 and the question arises as to how much further the value of the precious metal can increase.

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