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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


04. May 2020 | 05:50 CET

Desert Gold Ventures, Glencore, Kinross - now is the right time!

  • Gold

Last week, the stock markets in Europe and North America continued their recovery from the lows of March 2020. However, as the week drew to a close, declines were recorded again, due to the tone of the West's tightening stance towards the Chinese leadership in connection with the health and economic consequences of the Corona Crisis. According to media reports, the five secret services of Australia, Canada, New Zealand, the USA and the UK found out that the political leadership in Beijing covered up the deadly danger of the Corona Virus at the beginning of its spread. This accusation holds a lot of potential for further market uncertainties and gold is likely to gain further importance as a safe haven. The Bank of America recently called a potential of up to USD 3,000.00 per troy ounce in 2021. Since we have learned that the price of WTI futures can be negative, price targets of this range for gold are no longer utopian - perhaps the potential is even greater.

time to read: 1 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

 

Advantages of gold companies

There are different ways in which investors can position themselves in the gold asset class. Besides coins and bars with storage costs, certificates with issuer default risk are available. Alternatively, shares of listed companies that are active in the gold industry can be used.

The creation of value from gold can be extremely lucrative, because the value of exploration companies usually increases when new deposits are discovered. The value driver for producers is a rising price per troy ounce as long as costs are not correlated. Low energy costs also increase margins for the industry.

Drilling program delivers potential

The Canadian company Desert Gold Ventures focuses on the exploration of areas in Mali on the border with Senegal in West Africa. The management has more than 300 square kilometers of exploration licenses available for development.

The company has already been successful on several occasions and the next steps in the drilling programs will be to obtain further information on the gold content and potential quantity in the ground. In the most recent announcement, management has announced that the upcoming drilling program covers 10,000 metres.

Continued success

All holes are targeted at extensions of the known mineralization and, for example, at the Gourbassi West area, a 33 metre wide intersection grading 3.52 g/t gold at surface is being further examined and at Barani East a 13 metre wide section grading 6.28 g/t gold is being explored at depth.

As gold resources increase, the likelihood that well-known producers with a focus on the region will take a closer look at Desert Gold Ventures increases. A takeover is the usual exit scenario of exploration companies. The market value of Desert Gold Ventures was less than 10 million CAD at the closing price of 0.10 CAD on Friday.

Alternative to the majors

The gold producer Kinross closed at CAD 6.84 on Friday and its market capitalization was CAD 8.6 billion. In the past three months, the shares changed hands between CAD 2.72 and 7.25. The shares of the commodity company Glencore have traded between EUR 1.24 and 2.84 in the past three months. On Friday the shares closed at EUR 1.70, which corresponds to a market value of EUR 23.2 billion.

While the two majors are swinging with the market, the great upside potential of Desert Gold Ventures lies in the success of its drilling programs.


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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