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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


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.

time to read: 3 minutes by Mario Hose


Nick Mather, CEO, SolGold PLC
"[...] We knew the world was rapidly electrifying and urbanising and needing significant amounts of copper to do so. [...]" Nick Mather, CEO, SolGold PLC

Full interview

 

Is the Bitcoin about to have a renaissance?

Payment provider NetCents has made numerous announcements in recent weeks, which may indicate that the interest in crypto currencies is currently experiencing a small comeback. More and more people want to use their balance in Bitcoin and other currencies in their everyday lives, and payment options are needed for this. After the drastic price slump after 2017, the air was out of the industry - the community decimated. It remains to be seen whether the increase in the money supply by the central banks will help Bitcoin experience a renaissance. At the current level of around USD 10,800.00, the old high is still far away.

Gold is only at the beginning

The situation is different and clearer now for gold. While the price of the precious metal has reached new territory, the trend has not yet reached the broad investment community. At the moment hydrogen and vaccines still enjoy the attention of a large part of the interested investors. Although the money supply is increasing significantly every day, due to the effects of the Corona Pandemic, the circle of gold investors is still relatively small.

After all, central bank measures will soon be ten times as high as in 2008 and 2009, when the price of the troy ounce rose from less than USD 800.00 to over USD 1,900.00. It is well known that profit lies in purchasing, and therefore a good time to invest in the area of the gold industry that promises the highest returns - exploration.

Precious metal with potential

The largest gold producers around the globe are in a dilemma. On the one hand, they can sell gold at a high price, but on the other hand, not only are reserves shrinking, but future access is becoming increasingly complicated. For example, the reserves of the largest producers have shrunk by 34% since 2012. In 2000, it took ten years for a discovery to be in production. It is now expected that it will take up to thirty years before major discoveries can be mined. No wonder then, that Bank of America believes a gold price of USD 3,000.00 is possible in 2021.

Potential in West Africa

Because gold cannot be printed, but must be discovered through exploration, this area is of particular importance for the industry. Usually successful exploration companies come into the focus of large producers and are taken over if an attractive amount of reserves is available. Desert Gold Ventures plans to discover up to six million ounces of gold on its over 400 km2 projects in West Africa. The market value of Desert Gold is approximately CAD 32 million. With positive news about further discoveries from the recent drilling program, interest in the company and the share price should continue to increase. B2Gold, Barrick Gold and Iamgold with mines are already positioned in the neighborhood. There is therefore no shortage of solvent potential buyers.

Successful giant with expertise

SolGold is a major market player in Ecuador and has explored around 10% of the world's newly discovered gold reserves in the last ten years. In addition, SolGold claims to be the only mining company in the world with a gold and copper pipeline of opportunities with the same geology, regulatory, fiscal and social environment. This is an advantage over other companies that have to do a lot of development work every time they decide to pursue a different project in a different country. SolGold's market capitalization of approximately CAD 800 million is far below the value of the Alpala project alone, not counting the value of the 13 other projects.

Till freshly filled

Triumph Gold is looking for more gold deposits in the Canadian Yukon to make the bride pretty. The company has raised around CAD 6.3 million in fresh capital in recent weeks and has thus successfully completed the financing of further drilling. Newmont is already the largest shareholder of the company and already active in the neighborhood. With a market value of around CAD 50 million, a takeover with a decent premium for the major shareholder would be easy to make. However, the results of the next drilling operations will probably be awaited.


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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22. July 2020 | 11:03 CET

Barrick Gold, Desert Gold Ventures, Triumph Gold - the gold boom has begun

  • Gold

The price of gold has been rising for more than a year and there is no end in sight. As long as the central banks print money to cure the problems of the Corona Pandemic, the flight from money will continue and investors will exchange paper for gold or other tangible assets. If you have no plans today, then you should think about investing in gold. If you already have a busy schedule, then you should take the time. Don't put yourself in the position of being annoyed at not having traded after these lines when the price reaches USD 2,000.00 and above.

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