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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


12. November 2020 | 11:33 CET

Barrick Gold, Palantir Technologies, Osino Resources: Take a deep breath!

  • Gold
Photo credits: pixabay.com

Small clearance sale! On wild vaccine Monday, the price of gold fell nearly USD 100 but has so far held at the critical support level of USD 1,850 after Pfizer and BioNTech announced a potential vaccine against the COVID-19 virus. Many investors hold gold and silver (also beaten by 7%) as crisis protection. This can go wrong in the short term - but in the long term, it is exciting.

"The virus may disappear, but that doesn't mean that economic growth will turn around on a cent," said Ole Hansen, Head of Commodity Strategy at Saxo Bank. "A lot of damage has been done that cannot be easily repaired or will take a long time to fix". That's just the way it is - COVID-19 changes a lot of things, especially the risk mentality of people. The economies have to go in new directions in 2021/22.

time to read: 4 minutes by André Will-Laudien


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

André Will-Laudien

Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

About the author


Barrick Gold - winner in the crisis

Barrick Gold Corp. reported a net income of USD 882 million, or 50 cents per share, for the third quarter of 2020 compared to USD 2.3 billion, or USD 1.30 in the same quarter last year. Excluding non-recurring items, adjusted earnings per share were 41 cents, up 173% year-on-year. This figure also exceeded the consensus estimate of 32 cents. Barrick has mastered the COVID crisis very well.

Total gold production in the third quarter was approximately 1.16 million ounces, down 11.6% from the previous year. However, the average realized gold price is outstanding, which was USD 1,926 per ounce in the quarter, an increase of 30.5% year-on-year. The margin remained unchanged year-on-year at USD 1,065 per ounce, while costs continued to decline by 1.8% year-on-year to USD 966 per ounce.

Barrick operates one of the most profitable mines in the Democratic Republic of Congo (DRC), Kibali. In 2019, Barrick produced a total of 814,000 ounces of gold at "all-in sustaining costs (AISC)" of a staggering USD 693 per ounce! According to its statement, the Company has been looking for a successor to this world-class mine. A successor whose reserves are of course not inexhaustible. Barrick currently has a market capitalization of USD 46.1 billion and is a heavyweight in many commodity funds around the world.

Palantir Technologies - On the tracks of COVID

The IPO of Palantir Technologies Inc. was not launched under a lucky star. The shares were placed very favorably to the Company founders, and Friends and Family a few years ago, and were initially challenging to trade. However, the secretive data Company is technologically very much in demand. The German entrepreneur and venture capitalist, Peter Thiel, has a 29.8% stake in the Company and was long considered a supporter of Donald Trump. The stock exchange prospectus revealed that Palantir closed the past year with red figures of around USD 590 million - and in 2018 it was down by almost USD 600 million. Turnover in 2019 rose by a quarter to nearly USD 743 million.

Palantir specializes in data analysis and works a lot with security agencies and secret services, especially in the USA, one of the reasons why the Company keeps a low profile in terms of its business and its customers. With the Palantir software, governments want to gain a better understanding of the COVID pandemic. Sources reported to the Financial Times that so-called "test and trace officials" in the British government have been talking about using Palantir Foundry software to manage sensitive contact tracking data. The UK has more than 1 million confirmed coronavirus cases, and 47,340 people have died of the disease. The official goal is to gain a much deeper insight into how the virus spreads so that the government can act more quickly and accurately. As for data protection - this is something that is deliberately kept quiet.

Today, after hours, Palantir publishes its Q3 figures. Analysts expect the Company to report sales of USD 279 million and earnings per share of USD 0.03. For the full year, Palantir projected revenues of USD 1.05-1.06 billion, which is approximately 42% more than 2019, and with a market capitalization of USD 25.3 billion, this is a 25% factor on revenues. The valuation matches the Nasdaq - since the IPO on 30 September the share price has already increased by 50%.

Osino Resources - Gold not too scarce

Osino Resources Corp. is a Canadian explorer focused on the acquisition and development of gold projects in Namibia. The 23 exclusive prospecting licenses are located within the central and northern zones of the prospective Damara Gold Belt in Namibia, mainly near and along the strike of the producing Navachab and Otjikoto gold mines. Osino's focus in 2020 will be on advancing the exciting and new Twin Hills gold discovery and discoveries within the Karibib gold district. The goal is, of course, to sell at a good resource definition to the best bidding major, e.g., B2Gold. Similar projects in the past resulted in multiple factors of the original valuation in the case of a takeover.

Osino's core projects are conveniently located north and northwest of Namibia's capital, Windhoek. There they benefit considerably from Namibia's well-developed infrastructure with paved highways, modern railroads, and electricity and water in the immediate vicinity. Namibia can be described as mining-friendly and is praised as one of the most politically and socially stable jurisdictions on the continent. A good incentive for Osino to continue exploring new territory to consolidate its Namibian portfolio.

Osino's founders are experienced mining professionals with a solid track record in exploration and mine development. With good local relationships with government negotiators, a lot of positive things can be achieved. It could become an ideal takeover candidate for larger players in the gold business in one to three years if, by early next year, it becomes more apparent how large the deposits are. The speculative value has a capitalization of about CAD 135 million and tempts to buy. There are likely to be a few surprises here.


Author

André Will-Laudien

Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

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:

26. November 2020 | 11:36 CET | by Nico Popp

Osino Resources, Barrick Gold, Newmont: So are the doublers in Africa?

  • Gold

When it comes to growth, professional investors look to Africa as well as Asia. In 2018 Rwanda and Guinea were the world's fastest-growing economies: the economies of both countries grew by 8.6%. Even countries like Benin, Ethiopia, Gambia or Burkina Faso are still among the top 20 in the world. But what is the reason for high growth in Africa anyway? In addition to a young and rapidly growing population, which drives the domestic market, education from a level of training is also an essential factor. Only in this way can emerging economies also participate in more complex value creation. Legal security and stability are also important factors when foreign investors look to Africa. One country that is considered highly developed and legally secure within Africa is Namibia.

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19. November 2020 | 09:27 CET | by Nico Popp

AngloGold Ashanti, Blackrock Gold, Newmont: Investing in gold - but how?

  • Gold

Gold investors are in a comfortable situation: The precious metal has lost a little from its highs, but still shows excellent relative strength at the USD 1,900 an ounce mark. Although news of vaccines has taken some pressure off the markets in the short term, the big picture for gold investors remains intact. The crisis of the century requires trillion-dollar measures. This flood of money, in turn, increases the risk of further problems and could drive inflation. Contrary to the opinion of many investors, it is not inflation that drives the gold price, but their expectations. Given the measures already taken and those still in the pipeline by governments and central banks, there is every reason for increased inflationary expectations. But how does an investment in the expected gold boom succeed?

While grandmother still hid bars and coins under the bed, today's investors can resort to gold ETCs. These usually securitize physical gold and can also be held in custody at attractive fees and actively traded. Yield hunters nevertheless prefer to use gold shares. The reason: stocks such as AngloGold Ashanti, Blackrock Gold or Newmont usually offer leverage on the gold price. Depending on how a Company develops, the gold reserves in the ground are also valued.

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16. November 2020 | 09:48 CET | by André Will-Laudien

Velocity Minerals, B2Gold, Delivery Hero: We take up the fight!

  • Gold

The news of a vaccine against Corona with a success rate of 90% caused markets to skyrocket since last Monday. While the Dow Jones and the S&P set 500 new records, gold plummeted by as much as USD 118 in one day. Gold's most significant daily drop in more than seven years also wiped out its breakout from a 3-month downward wedge last Friday.

As gold futures closed below USD 1,890 this week on the Comex, the strong sell-off below this support brings with it the possibility that the zone between USD 1,750 and USD 1,800 will be tested again before the correction of the safe-haven metal's large gains finds a significant bottom. The gold futures base of USD 1,800 has technically become a critical support level, an area that dates back to the bull market of 2008.

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