Close menu




February 18th, 2021 | 10:11 CET

Osino Resources, Barrick Gold, Aurora Cannabis - Please watch closely!

  • Gold
Photo credits: pixabay.com

Bitcoin reached a new all-time high of USD 51,500 yesterday. Bitcoin's great companion is gold. With an interim high at USD 1,870 at the beginning of the month, another correction wave has now been initiated. Yesterday, the price was at a significantly lower USD 1,788. So, it feels like the alternative hedges are now flowing into the crypto market - but for how much longer? Bitcoin is too small to absorb all the hedges against market dislocations. Consequently, gold would have to turn again when the sell-off is over. Therefore, position now!

time to read: 4 minutes | Author: André Will-Laudien
ISIN: CA68828L1004 , CA0679011084 , CA05156X8843

Table of contents:


    Osino Resources - Valuable resource in Namibia

    Those who think that gold will become a worthwhile investment again - and the charts speak for it, by the way - should take a closer look at Osino Resources. The Twin Hills project is the leading property and is located in north-central Namibia, where Osino maintains a tidy 7,000sq km tract of land. The large-scale, sedimentary and structurally controlled Twin Hills gold system was discovered by Osino in 2019 and is now being developed.

    Late in the year, the Canadians reported high-grade drill results obtained from a total of 108 holes. A full 25,000 meters were examined in more detail. Dave Underwood, responsible for exploration, comments as follows: "Resource drilling at THC is on schedule for the targeted first resource release at the end of Q1 2021 and assay results continue to indicate excellent continuity with higher grades concentrated in the fold joints. Some recent drilling has intersected mineralization over 350 m down dip and remains open. The discovery along strike to the east at Clouds is also developing positively."

    The second phase of work, which began in mid-January, is focused on Clouds and the Brownfields areas. Here is where it should be fascinating to see what resource estimates can be reported mid-year. We expect good news because, after all, none smaller than B2Gold is in the immediate vicinity and has been operating a thriving mine for years.

    The analyst firm Echelon had recently announced a price target of CAD 2.30-2.45. If the resource estimates turn out above the expectation, this is too low, in our opinion. Gold fans grab!

    Barrick Gold - The standard value is cheap again, but Buffett is out!

    The large gold producers are left out of the techno rally. After the significant correction in March, there were sharp rises in the mining stocks, but a large part of the gains are gradually melting away. Barrick Gold Corp. shares have also been under pressure for months. Unfortunately, the gold bulls recently also had to abandon the USD 1,800 mark. The eyes are now directed in the direction of the chart support at USD 1,775. The precious metal price consolidated there yesterday. Barrick, however, had to give up a whole 3.4% to EUR 17.30. In the case of the share of the world's second-largest gold producer, there is another complicating circumstance: Berkshire Hathaway has said goodbye to its investment.

    Berkshire's latest 13F report shows Warren Buffett's investment holding Company liquidated several positions in the fourth quarter. In addition to Pfizer and JPMorgan Chase, this includes the position of Barrick Gold, which Buffett's Company only established in the second quarter of 2020. Unfortunately, of course, there are no reasons in the report for the divestment decision. Still, one could speculate that Berkshire no longer expects high returns and therefore closed out the position. A cautious sign for precious metals fans, however, Warren Buffett had also turned to Tesla a few months ago, a parade tech title.

    Within the mines, Barrick is now also deconsolidating Lagunas Norte. According to CEO Mark Bristow, the sale is part of Barrick's strategy of divesting non-core holdings. The group has already raised around USD 1.5 billion to focus on the highest quality assets. The share should stabilize between EUR 15 and EUR 17. The low in March was EUR 14.5. We advise you to accumulate slowly.

    Aurora Cannabis - Trouble looms here

    A prominent representative of the green gold "cannabis" is Aurora Cannabis Inc., which is just now showing its figures. The whole market has a long consolidation behind it, and just at the beginning of the new year, it went up again steeply. But can companies deliver on their promises? We look at Aurora's latest figures, which have now been presented as of December 31, 2020.

    The Company reported revenue of CAD 67.7 million for the second quarter, which was roughly in line with the first fiscal quarter. Admittedly, compared to the same period last year, revenue grew 23%, but previous market estimates were over 30%. Meanwhile, medical cannabis sales increased 16% to CAD 38.9 million. The Company's bottom line was an EBITDA loss of CAD 16.8 million, an improvement of a hefty 76% over the same period last year, but still in the red. It will probably be rather challenging to break even in the current year.

    New CEO Miguel Martin took the helm at Aurora in September 2020 and has since introduced some major cost-cutting measures, with unused growing facilities closed or put up for sale. The large Aurora Sky plant has also been closed; the cost burden is too high. The European assets in Portugal, Spain and Italy are to be consolidated as quickly as possible. Contrary to many market participants' hopes and unlike Canopy Growth a few days ago, Aurora Cannabis has not provided guidance on when it expects to break even. Previous estimates were conceded in the first fiscal quarter, as one sees significant uncertainties due to the pandemic. You hear that a lot!


    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.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.


    Der Autor

    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



    Related comments:

    Commented by Nico Popp on May 24th, 2022 | 10:20 CEST

    Monkeypox: risks and opportunities - Bavarian Nordic, Desert Gold, Varta

    • Gold
    • Monkeypox

    Supply chain problems, energy price chaos and now monkeypox? The list of disturbing news never ends. Investors need to keep a cool head in this market phase. Which construction sites are a permanent burden on the markets, where are only isolated problems still looming, and where are there possibly even surprising potholes? We have taken a close look at three stocks from different sectors. Let's go straight to the monkeypox!

    Read

    Commented by Armin Schulz on May 23rd, 2022 | 12:49 CEST

    BASF, MAS Gold, Plug Power - Shares with great turnaround potential

    • Gold
    • Hydrogen
    • Investments

    The Fear & Greed Index is down to 11, which means nothing other than extreme fear. And there are many areas causing headaches for investors. There is the Ukraine crisis, inflation, rising interest rates in the US, supply chain problems due to zero-COVID policies in China, and fear of recession. However, the S&P has formed a double bottom last week, which raises hope for a turnaround in the markets. Due to the crises, there are currently also opportunities again. We take a look at three potential turnaround candidates.

    Read

    Commented by André Will-Laudien on May 23rd, 2022 | 11:42 CEST

    Share sell-off: TUI, Barsele Minerals, Nel ASA - Buy or sell these stocks?

    • Gold
    • Investments
    • Hydrogen
    • travel

    The sell-off in equities entered a new round in May. With rising inflation, disrupted supply chains and uncertain energy supplies, the risk for investors is increasing as interest rates are now exploding to unprecedented levels in parallel with the highly volatile environment. The 10-year yields on government bonds in Germany and the USA have moved up from near zero to 1.14% and from 1.5% to 3.12%, respectively. Whenever there was a noticeable rise in interest rates for bonds, things became critical on the stock market. At the moment, this is weighing on technology stocks in particular. The DAX and S&P have already lost 20% in the current correction phase. After initial losses, gold is now accelerating. Where are the opportunities for investors?

    Read