SHARE PRICE EXPLOSION! Barrick Mining and Plug Power unstoppable! Globex Mining shares too cheap!? Gold price to USD 5,000?

Barrick shares in the gold rush in Nevada

From USD 29 to almost USD 35 within a few days. Barrick Mining has not seen such a price explosion in a long time. The announcement responsible for this was quite something: The updated economic study for the Fourmile project in Nevada has confirmed that this is one of the most significant gold discoveries of this century. With exceptionally high grades and great resource potential, Fourmile could become one of the ten largest gold mines in the world in the future. Barrick CEO Mark Bristow emphasized that the resource could double by the end of the year. The geometallurgical properties are particularly noteworthy: in contrast to the neighboring Goldrush deposit, most of the ore is only slightly refractory, which means that it can be processed more cost-effectively in the existing Nevada Gold Mine facilities.

According to the new preliminary economic assessment (PEA), Fourmile has the potential for annual production of 600,000 to 750,000 ounces of gold at low production costs. The project could have a life of more than 25 years, meeting the criteria for a future "Tier One" asset. Barrick plans to expand exploration significantly. By 2026, the number of drill rigs is expected to increase from 16 to over 20, with 450 km of drilling planned by 2028. At the same time, the Company is pushing ahead with approvals for an exploration tunnel, construction of which is scheduled to begin in 2026. From 2029, the construction of underground infrastructure with test mining is planned. With Fourmile, Barrick is underlining its growth strategy. The project complements the existing large mines in the Carlin-Cortez district and is intended to strengthen the production base in Nevada in the long term. Bristow sees this as an essential pillar for the Company's claim to position itself as a leading gold and copper producer.

Analysts were enthusiastic. BMO Capital raised its price target for Barrick Mining from CAD 37 to CAD 41. Analysts rate the stock as "Market Perform." The drilling results at Fourmile are impressive. They enable increased production and medium-term cost reductions. Analysts raised the value of the Fourmile project from USD 3 billion to USD 9 billion.

Globex Mining: Like Barrick, also active in Nevada

Globex Mining is an exciting commodity stock with catch-up potential. Since April, the stock has been caught in a sideways trend between EUR 0.80 and EUR 0.90. It is currently trading at EUR 0.88, and given the commodity markets and the Company's news flow, the chances of an upward breakout are good.

As a mining incubator, Globex Mining offers diversification within commodity exploration. The Company holds interests in over 250 projects across North America, half of which are in precious metals, such as gold, silver, platinum and palladium.

In line with Barrick's announcement, Globex Mining has also reported progress on a project in Nevada. In Clark County, it has staked 16 claims covering approximately 134 hectares, which show promising precious metal potential. Initial rock samples yielded spectacular grades of up to 1,171 g/t silver and 11.5 g/t gold. At the Red Star Project, the Company has identified several quartz vein systems extending over 2 km and showing different phases of epithermal mineralization, including high-grade "ginguro" quartz structures with gold equivalent values of over 20 g/t. Historically, the area has been explored repeatedly since the late 19th century, but systematic development has never taken place. With 65 recently collected samples and initial mapping, Globex is now laying the groundwork to revitalize the project in a geologically rich district.

Globex Mining previously reported new drill results from Radisson Mining on the Kewagama Gold Mine Royalty Claims in Quebec. Globex receives a 2% royalty there. The current results include both shallow gold intersections at depths of 200 to 500 meters and deeper hits to 1,300 meters on the western edge of the area. Overall, the significant gold potential on the Kewagama claims has been confirmed. Radisson CEO Matt Manson emphasized that the new step-out drilling extends the mineralization to depths of up to 300 meters. The exploration target at the O'Brien project is between 3 and 4 million ounces of gold at grades of 4.5 to 8.0 g/t, with four drill rigs currently in operation.

Important date: On October 8, 2025, Globex Mining will present at the IIF virtual investor conference. Private and institutional investors can register here to participate free of charge. Many exciting German and international small and mid-cap companies will be presenting.

Plug Power: Short sellers are feeling the heat

Plug Power's stock has also been unstoppable in recent weeks. And for a change, it even went up. Within two weeks, the stock of the former hydrogen high-flyer rose by almost 50% and is trading above the USD 2 mark again. To put this into context, the stock had slipped below USD 0.70 in May.

Most recently, the Company benefited from a capital markets day at its production site in Georgia. The plant closed its strongest month to date in August 2025, delivering 324 tons of green hydrogen with 97% uptime and 99.7% availability. Plug management views this milestone as a clear demonstration of the Company's leadership in commercial green hydrogen production. It also confirms the performance of its GenEco electrolysis technology on a large scale.

The announcement and the rise in the share price are putting short sellers under increasing pressure. After all, the hydrogen pioneers were considered candidates for bankruptcy for quite some time. Short selling is likely to have been correspondingly high.

With Craig-Hallum analysts' new price target in mind, short sellers are likely to remain under pressure. The analysts have doubled their price target for Plug Power shares from USD 2 to USD 4. From their perspective, Plug Power appears to be reaching a turning point in its operating business.

There is a gold rush atmosphere in the precious metals sector. With Globex Mining, investors gain diversified exposure to gold and silver explorers. The sector's recent price rally has largely bypassed the stock. Accordingly, Globex has significant catch-up potential. For Barrick Mining, a pause in the shares' rise would be healthy. The same applies to Plug Power. The Company remains far from profitability, and its liquidity situation is manageable.