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Humphrey Hale, CEO, Managing Geologist, Carnavale Resources Ltd.

Humphrey Hale
CEO, Managing Geologist | Carnavale Resources Ltd.
Level 2, Suite 9 389 Oxford Street, WA 6016 Mount Hawthorn (AUS)

info@carnavaleresources.com

Interview Carnavale Resources: Good cards for long-term success


Bill Guy, Chairman, Theta Gold Mines Limited

Bill Guy
Chairman | Theta Gold Mines Limited
Level 35 (ServCorp), Intl Tower One 100 Barangaroo Ave, 2000 NSW Australia (AUS)

info@thetagoldmines.com

+61 2 8046 7584

Interview Theta Gold Mines: This team has already brought 20 mines into production


David Mason, Managing Director, CEO, NewPeak Metals Ltd.

David Mason
Managing Director, CEO | NewPeak Metals Ltd.
Level 27, 111 Eagle Street, QLD 4000 Brisbane (AU)

info@newpeak.com.au

+61 7 3303 0650

Interview New Peak Metals: Many chances for great success


27. May 2021 | 11:11 CET

Bitcoin Group, SUSE, Barrick Gold, Troilus Gold - Gold is back!

  • Gold
Photo credits: troilusgold.com

Now the question arises: precious metals or crypto? The answer was straightforward in recent days because the cryptocurrencies corrected hand in hand with the Bitcoin crash by up to 80%. On the other hand, gold and silver were able to optimize their chart trajectories upwards and regained the levels from last summer. Gold is now USD 150 short of the 2020 high, and silver is just under USD 2 short. Precious metal fans say that this is all to be done; the crypto community, on the other hand, calls the digital currency the new salvation. Currently, this is probably a problematic stalemate for investors, but the long-term trends speak in favor of gold.

time to read: 4 minutes by André Will-Laudien


Heye Daun, President and CEO, Osino Resources Corp.
"[...] The processes in Namibia are predictable and the country itself is very safe. [...]" Heye Daun, President and CEO, Osino Resources Corp.

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


Bitcoin Group - A shot across the bow

The trading book was briefly halved in value. Some media reported the high cash coverage of Bitcoin Group SE's stock market value in recent weeks. It helped the share price rise a few notches, which were driven to lofty heights by the spot price of Bitcoin. The management itself had still pointed this out in April.

Bitcoin Group SE's cryptocurrency holdings reached a new high at the time, as the value of digital assets held in treasury more than doubled from the level as of Dec. 31, 2020, to around EUR 210 million, meaning that treasury holdings in coins covered around 70% of the market's capitalization.

With the recent correction, these ratios have probably changed to the disadvantage of Bitcoin Group, which also explains the share price crash from EUR 60 to below EUR 40. Despite the current turnaround in the crypto market, the share price does not want to recover. Therefore, we can be curious about the next Ad Hoc of Bitcoin Group because trading will continue to flourish even with weaker prices.

SUSE - Restrained start on the stock market, but at least it made it

IPOs are booming in Germany right now, but many investors have nevertheless become more cautious recently. The strong fluctuations in the capital markets and the cancellation of the new issue of the Internet car dealer MeinAuto had also caused uncertainty for the Nuremberg Linux software provider SUSE S.A. in the run-up.

And so, the Company's entry onto the trading floor was somewhat bumpy. At the debut in Frankfurt, the first price of EUR 29.50 was even below the offer price of EUR 30, set after several reductions of the bookbuilding spread. Although SUSE waived a top-up option, it was able to rely on solid anchor investors. The US investor Capital Research and the Singapore sovereign wealth fund GIC alone subscribed to SUSE shares for around EUR 340 million. The Company, founded in 1992, will receive more than half a billion euros from the IPO, which it will use to reduce its debt of around EUR 1.2 billion.

SUSE owner EQT will receive a lavish payout of EUR 570 million from the IPO but will remain on board as a 75% shareholder. CEO Di Donato initiated the IPO of the Linux specialist, symbolically subscribing shares for more than EUR 8 million herself. Overall, we are positive: SUSE SA is an enrichment for the German stock market with a good long-term story.

Barrick Gold - Gold shines again

Anyone betting on gold should also keep an eye on the "new gold." The run on cryptocurrencies, which we could observe in recent months, was also a consequence of the enormous liquidity provided by the US Congress and the Federal Reserve. However, the M2 money supply has declined from 27% growth in February to 24% in March. That could explain why the Bitcoin rally has stalled in recent weeks alongside the ban in China.

Gold, on the other hand, is buoyed by inflation concerns and political uncertainties. Fundamentally, the precious metal owner wants the value to be preserved in difficult times. This objective can be achieved with solid gold stocks such as Barrick Gold. The world's second-largest gold miner was still burdened with a debt mountain of more than USD 13 billion until 2013, but now the net debt is down to zero. The current balance sheet has strong liquidity of over USD 5 billion, and the quarterly dividend has been tripled.

Once the EUR 20 mark is overcome, further gains to the 2020 high of EUR 25 beckon. Whether the all-time high of EUR 40 will be seen again will certainly depend mainly on the gold price, but it has also broken out upwards at the USD 1,850 mark.

Troilus Gold - Area expansion through acquisition

In the middle of Quebec, we come across an interesting precious metals project, which has been owned since 2017 by Canada's Troilus Gold Corp. The former Troilus mine, located northeast of the Val-d'Or district, produced a full 2 million ounces of gold and nearly 70,000 tons of copper between 1996 and 2010. It is now coming back into focus.

Several points put this project in a good light. The infrastructure on site is excellent, as the mine has been open pit for many years. Recent measurements indicate that gold grades are 0.84 to 0.87 grams per ton, indicating open pit exploitation. Management has also made an impeccable impression to date.

Troilus Gold Corp. has broadened its scope somewhat with this shrewd acquisition. The complete acquisition of all outstanding common shares of UrbanGold Minerals Inc. leads to an expansion of the exploitation area from 35,000 to more than 140,000 hectares. In 2020, Troilus significantly expanded its land package to over 107,000 hectares, making it the largest claim holder in the Frotet-Evans Greenstone Belt. Drill-ready targets across the consolidated land package now offer further growth potential, with feasibility study work to follow in the second half of the year.

The combination of UrbanGold with Troilus will be of significant benefit to shareholders of both companies, as the development of the combined property can now be undertaken more efficiently. Troilus shares reacted positively to the deal, swinging upward from CAD 1.14 to CAD 1.30. The new share count is 151.7 million, representing an aggregate market capitalization of approximately CAD 192 million. The Troilus story encourages entry even at the elevated level.


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:

18. June 2021 | 14:39 CET | by André Will-Laudien

Carnival, TUI, Desert Gold - A total upswing or is it all over again?

  • Gold

It is probably one of the strangest travel waves since we could remember. For months we Germans could not leave our own country's borders without great effort; the ski season in 2020/21 fell victim to the COVID pandemic almost completely. Now we experience amazingly low incidences, which probably would have come even without lockdown...but let's take that as a given because some action had to be taken as public proof of action, after all. Now travel is possible again with good conditions for the vaccinated and a bit more cumbersome for recovered, healthy and non-vaccinated. Exciting to observe: How are the travel companies doing now?

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18. June 2021 | 11:34 CET | by Stefan Feulner

Bayer, White Metal Resources, Barrick Gold - Trendsetting news

  • Gold

At Federal Reserve's meeting, runaway inflation was the topic par excellence. With US consumer prices up 5% in May, market participants assumed at least an announcement of a pullback in bond market volume. However, an interest rate hike, which would actually be necessary for price stability, is not considered before 2023, according to FED Chairman Jerome Powell. Thus, through the continued ultra-loose monetary policy, he refers to the attitude that economic growth and a rising stock market are more important than low inflation.

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16. June 2021 | 11:59 CET | by Armin Schulz

Barrick Gold, Triumph Gold, Bayer - is a golden summer coming?

  • Gold

An old stock market adage says: Sell in May and go away. In German: Sell your positions; in summer, the market will consolidate. There was a slight correction at the beginning of May, but the DAX has been climbing since then. It is currently trying to reach the 16,000 point mark. The price of gold recently traded above USD 1,900 for the first time again, which can certainly be understood as a sign that investors want to secure their money from inflation. While the US Federal Reserve emphasized that it does not want to take any countermeasures for the time being, the US Treasury Secretary Yellen recently surprised with the statement that higher interest rates would be good for the United States. It remains exciting. There is the possibility of a golden summer on the markets.

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