Menu

Recent Interviews

Matthew Salthouse, CEO, Kainantu Resources

Matthew Salthouse
CEO | Kainantu Resources
3 Phillip Street #19-01 Royal Group Building, 048693 Singapore (SGP)

info@krl.com.sg

+65 6920 2020

Interview Kainantu Resources: "We hold the key to growth in the Asia-Pacific region".


Justin Reid, President and CEO, Troilus Gold Corp.

Justin Reid
President and CEO | Troilus Gold Corp.
36 Lombard Street, Floor 4, M5C 2X3 Toronto, Ontario (CAN)

info@troilusgold.com

+1 (647) 276-0050

Interview Troilus Gold: "We are convinced that Troilus is more than just a mine".


John Jeffrey, CEO, Saturn Oil + Gas Inc.

John Jeffrey
CEO | Saturn Oil + Gas Inc.
Suite 1000 - 207 9 Ave SW, T2P 1K3 Calgary (CAN)

info@saturnoil.com

+1-587-392-7900

Saturn Oil + Gas CEO John Jeffrey: "Acquisition has increased production by 2,000%"


10. August 2021 | 14:29 CET

Troilus Gold, Barrick Gold, Vonovia - Where does the correction offer the greatest opportunities?

  • Gold
Photo credits: pixabay.com

Good US labor market data have made voices for an exit from the extremely loose monetary policy of the US Federal Reserve louder again. As a result, the US dollar strengthened and the prices of gold and silver weakened. From a chart perspective, prices of around USD 1680 for gold appear realistic in the short term, accompanied by high volatility. Such setbacks offer good trading and investment opportunities in first-class gold stocks. Who is ahead?

time to read: 3 minutes by Carsten Mainitz
ISIN: TROILUS GOLD CORP. NEW | CA8968871068 , BARRICK GOLD CORP. | CA0679011084 , VONOVIA SE NA O.N. | DE000A1ML7J1


Steve Cope, President, CEO and Director, Silver Viper
"[...] In our experience, the local communities are supportive and friendly. [...]" Steve Cope, President, CEO and Director, Silver Viper

Full interview

 

Author

Carsten Mainitz

The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

About the author


TROILUS GOLD CORP - The tension is rising

Things are getting exciting at Troilus Gold. The Toronto-based Company plans to bring the formerly producing Troilus gold and copper mine in Quebec back into production. Recently, through a fund, the Quebec government invested about CAD 11 million at CAD 1.10 per share in a capital increase. The Company intends to use the cash inflow to continue engineering work and prepare a feasibility study for the Troilus Gold Project.

The Troilus mine produced more than 2 million ounces of gold and nearly 70,000 tons of copper from 1996 to 2010. However, with the onset of price declines, production ceased at that time. A project appraisal (PEA) last year confirmed the project's very high economic viability. According to the report, the project value is USD 1.156 billion at a gold price of USD 1,950, allowing a very rapid payback of the required investment sum of USD 333 million. The mine is projected to have an operational life of 22 years and average annual production of 246,000 ounces of gold for the first 14 years.

The acquisition of UrbanGold in May allowed Troilus to expand its land area by 35,000 ha to 142,000 ha (1,420 sq km) northeast of the Val-d'Or district in Quebec. UrbanGold shareholders now hold a 12.9% interest in Troilus. The deal was highly beneficial to both parties, significantly increasing the land package and thus uniting several target zones that are geographically in close proximity.

The Troilus Gold Project has the potential to create a new gold producer in Canada. Government funding has recently rewarded this promising project. A key milestone in the future will be the preparation of a feasibility study. The economic feasibility analysis from 2020 suggests a high level of profitability. Since then, the project has expanded significantly through the acquisition of UrbanGold. In addition, further drilling has taken place. All in all, these are developments that make the share appear extremely promising. Given the potential, a current market capitalization of CAD 176 million is moderate.

BARRICK GOLD CORPORATION - No big surprises

A few weeks ago, the world's second-largest gold producer published production data for the second quarter. Based on the information about the sales volumes and prices for gold and copper and the costs incurred, analysts arrived at an earnings forecast of USD 0.26 per share. Depending on which earnings number you look at, the Group has now exceeded or fallen short of expectations with the earnings figures delivered.

EPS of USD 0.23 and earnings per share adjusted for special effects of USD 0.29 were reported. Although the guidance for the current fiscal year was confirmed, we rather expect weaker share prices in the short term due to the declining gold price. We assume that there will be no significant reclassifications by analysts after the figures. Currently, the experts confirm an average upside potential of 37% for the shares.

VONOVIA SE - Last announcement

Interesting developments are currently taking place at the DAX-listed Company. After the planned takeover of its competitor Deutsche Wohnen recently failed for the second time, Vonovia is now making a third and final attempt to swallow the number 2 in the sector. Last month, Vonovia's takeover bid narrowly failed to meet the minimum acceptance threshold of 50%. The new offer, which is expected to be submitted before the end of August, provides a purchase price of EUR 53 per Deutsche Wohnen share, increased by EUR 1. Meanwhile, Vonovia published good figures on its business performance in the first half of the year, which the Group used to raise its profit forecast for the year slightly. In the first half of the year, operating profit (FFO) increased by 13% to EUR 765 million. The market value of the real estate portfolio increased by more than 7% to a good EUR 63 billion.


Companies with a high level of substance, in particular, offer good entry opportunities in the event of setbacks. Vonovia is certainly a special situation in connection with the takeover battle of its competitor Deutsche Wohnen. Long-term investors who believe in higher precious metal prices in the medium term can add a blue-chip such as Barrick Gold to their portfolio at a low price in the event of price weakness or buy Troilus Gold, which offers excellent opportunities.


Author

Carsten Mainitz

The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

About the author



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 long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

17. September 2021 | 12:42 CET | by Carsten Mainitz

Desert Gold, Barrick Gold, flatexDEGIRO - What is next after the correction?

  • Gold

Not always does an equation work out when investing in the short term. Patience and a longer-term investment horizon are not often emphasized for nothing. Investments in tangible assets such as stocks, commodities and real estate have been proven to protect against a loss of purchasing power. Precious metals are also suitable as crisis currencies over more extended periods. Setbacks offer opportunities! Who has the best cards?

Read

17. September 2021 | 10:41 CET | by Stefan Feulner

Steinhoff, Tembo Gold, Nikola - Strong rebound potential

  • Gold

Which investor does not dream of investing in a stock anticyclically during strong price setbacks to earn disproportionately from the rebound? But the anticyclical investment strategy, in which one bets against the broad mass, is associated with considerable risks. Because of this, one should analyze the object of one's desire carefully to see the reasons for the rapid sell-off. Are they self-inflicted problems, as was best observed in the Wirecard example, or is the impulse coming from outside.

Read

16. September 2021 | 12:45 CET | by Carsten Mainitz

Triumph Gold, First Majestic, Varta - Inflation is getting worse than we think - How to safeguard your assets!

  • Gold

Inflation in the US eased slightly in August from July's 5.4% to 5.3%. Nevertheless, this is a high value. It would be premature to derive a trend reversal from this. Far more dramatic are the rates of inflation in wholesale prices in Germany. As the Federal Statistical Office recently reported, these rose by 12.3% year-on-year in August. It was the most substantial increase since October 1974, during the first oil crisis. Investors should invest in tangible assets such as shares, real estate, commodities, or precious metals to protect their assets. Who offers the best risk-reward ratio?

Read