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April 16th, 2020 | 14:21 CEST

Desert Gold Ventures, Osino Resources, Scottie Resources - Investing like billionaires

  • Gold
Photo credits: pixabay.com

The price of gold has risen since May 2019 from below USD 1,270.00 per troy ounce to now over USD 1,700.00. The reasons for this are obvious, as the money supply is constantly being increased by the central banks and at the same time, aid programmes to stabilise the economy are helping to devalue money. Gold is considered a safe haven in uncertain times and in connection with the Corona Crisis the interest in the precious metal is correspondingly high. The high demand for bars and coins, as well as the logistical challenges due to the current pandemic, are causing sell-out trading houses. Prominent investors have already invested in gold companies with price potential.

time to read: 1 minutes | Author: Mario Hose
ISIN: CA25039N4084 , CA68828L1004 , CA81012R1064

Table of contents:


    Dennis Karp, Executive Chairman, Manuka Resources Limited
    "[...] We will trigger indirect creation of 1,665 new jobs nationwide, while directly employing 300 staff - 270 operational and 30 administrative. [...]" Dennis Karp, Executive Chairman, Manuka Resources Limited

    Full interview

     

    Gold deposits in Mali

    Desert Gold Ventures is a Canadian gold company focused on the exploration of its approximately 300 square kilometre Senegal-Mali Shear Zone (SMSZ) in Mali on the border with Senegal in West Africa. Well-known producers such as B2Gold, Barrick Gold and Endeavour Mining are also active in the region. The management has already discovered gold deposits and 20 zones in the past and plans to collect more data on gold reserves with further drilling programs. This information will be used to determine the extent of the precious metal deposits in the areas. The company has already been able to demonstrate a grade of 6.3 g/t gold over a length of at least 13 meters. With a share of 3.4%, the successful resource investor Ross Beaty is one of the company's largest shareholders.

    Desert Gold Ventures this week announced a financing round in which investors can acquire units consisting of one share and half a warrant at a price of CAD 0.08 for a four-month holding period. With a full warrant, investors can purchase additional shares of the company for CAD 0.15 over a three-year period. Alternatively, the tradable shares are available on the stock exchange as usual.

    Focus on Namibia

    Ross Beaty is also an investor in Osino Resources, a gold company focused on exploration in Namibia. The company has also made discoveries and is now in the process of drilling to obtain additional details on the gold deposits. As an explorer, Osino Resources is focused on attracting the attention of producers in order to be acquired. CEO Heye Daun has a history of building a company until it was acquired by the producer B2Gold. It is expected that Osino Resources will have a similar exit strategy for investors.

    In the Golden Triangle of British Columbia

    Scottie Resources recently brought Canadian billionaire Eric Sprott on board as an investor in a financing round. The company explores its own areas in the so-called 'Golden Triangle' of British Columbia. Between 1981 and 1985, 95,426 ounces of gold with an average grade of 16.2 g/t have already been mined in one of the company's assets. In addition, the region has a relatively good infrastructure. Further drilling programmes will also enable Scottie Resources to provide additional information for potential buyers of areas or the entire company. In the neighbourhood Pretium is already engaged in gold mining.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

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    Der Autor

    Mario Hose

    Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

    About the author



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