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Ryan Jackson, CEO, Newlox Gold Ventures Corp.

Ryan Jackson
CEO | Newlox Gold Ventures Corp.
60 Laurie Crescent, V7S 1B7 West Vancouver (CAN)

info@newloxgold.com

+1 778 738 0546

Newlox CEO Ryan Jackson on building a green gold producer with a rapid growth trajectory


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


26. October 2020 | 11:10 CET

Yamana, Glencore, Scottie Resources - Accurate analysis required!

  • Gold
Photo credits: pixabay.com

Gold fluctuates with every political news item like never before. Let's take a quick look at the chart technique to understand the recent movements. After a three-part downtrend since August 2020, which pushed gold from a new record high of USD 2,074.00 to support at USD 1,850.00, a recovery began at this level in late September. It initially moved the gold price to the hurdle at USD 1,920.00 in early October. After a short, sharp correction, the gold price gained momentum once more, reaching the USD 1,935.00 resistance level. However, there was a further slide in the price on Friday, with the entire previous week's profit being equalized again with closing prices around USD 1,902.00. It will be exciting to see how gold performs in the election campaign for the US presidency. We are looking at some exciting gold stocks.

time to read: 3 minutes by André Will-Laudien


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

 

Author

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


Yamana Gold - A whopping 200,000 ounces per quarter

Yamana Gold Inc. is a Canadian-based mid-tier producer of gold and silver, with properties located in North America, Brazil, Chile, and Argentina. Yamana has reported strong Q3 results, with gold and silver production of 201,772 ounces and 3.04 million ounces, respectively. Total gold equivalent production was 240,466 ounces.

The Jacobina, El Penon, Minera Florida, and Canadian Malartic mines all enjoyed outstanding quarters. As total production from all mines is currently well ahead of plan, the Company has increased its production forecast for 2020 to 915,000 ounces from the previous 890,000 ounces, an adjustment of approximately 3%.

Yamana continued to generate substantial cash flow in the last quarter, bringing the cash position to USD 470 million by the end of the quarter. The annual dividend will increase by a further 50% to 10.5 cents per share from the fourth quarter of 2020. This yield will be 425% higher than 18 months ago. Good news for Yamana shareholders, we believe.

Glencore - permanently bad headlines

Completely different news, however, from the Swiss, raw materials giant Glencore. No other Company provides the supporters of the Corporate Responsibility Initiative (CSR) with as many arguments as the raw materials multinational, with global headquarters in Baar (Canton Zug). Glencore is one of the leading commodity traders and promoters and is heavily exposed in third world countries with dubious governments and legal systems. But Glencore was in the crossfire of criticism long before its global dominance.

The Company emerged from a trading company founded in 1974 by the legendary commodity trader and tax fugitive Marc Rich. The speculator, known as the "King of Oil," was trading in commodities in the 1980s, during a global embargo imposed against the apartheid regime in South Africa. With the stricter regulation and the transparency requirements that the IPO on the LSE in London in 2011 brought with it, Glencore's machinations came to light more and more. The list of transgressions that non-governmental organizations (NGOs) denounce, after sometimes lengthy research, has grown longer and longer ever since.

With the permanently negative headlines, Glencore has now become a reputational risk for Switzerland. At around EUR 1.83, the share price is approximately 60% below its stock market debut in 2011. The dividend was recently reduced from 6.5% to 2.2% per annum but is to be raised again soon. Although the share price trend calls for action, the share is probably only for hardened investors who like to ignore the topic of sustainability.

Scottie Resources - Gold from the Golden Triangle

Scottie Resources' projects are in prime locations in the so-called "Golden Triangle" - near the heavyweights, Pretium Resources and Ascot Resources. The Golden Triangle is one of the most productive mineralized areas in the world. It is home to past and present mining operations including Johnny Mountain, Red Mountain, Snip Mine, Premier Mine, Golden Bear, and Valley of the Kings. The mineral resources hosted there (past production and current resources) add up to a total of 67 million ounces of gold, 569 million ounces of silver, and 27 billion pounds of copper.

Scottie Resources Corp. holds a 100% interest in the past-producing Scottie Gold Mine, located in the heart of the Golden Triangle below a beautiful glacial area near Summit Lake, British Columbia. It was in operation from 1981 to 1985 and produced a manageable 96,000 ounces of gold. Due to the low gold price of USD 300-400 at that time, the mine was closed down after five years.

With today's prices around 1,900 USD, the revival has become interesting again, and Scottie has secured a land package of 24,589 hectares. Initial sensational results from the 2020 drill program show mineralization of up to 109.4 g/t gold in the former Scottie Mine. These are rocks that were discovered at the Klondike in 1896 and were the reason why 100,000 people came to explore at that time. The Scottie stock is 37% owned by management and institutional investors, and there are 144.2 million fully diluted shares with a market value of CAD 47.5 million. The Company is debt-free and had CAD 4.7 million in the cash box at the end of September. We are excited to see what the ongoing drilling will bring to light! Speculatively highly interesting.


Author

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



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:

26. November 2020 | 11:36 CET | by Nico Popp

Osino Resources, Barrick Gold, Newmont: So are the doublers in Africa?

  • Gold

When it comes to growth, professional investors look to Africa as well as Asia. In 2018 Rwanda and Guinea were the world's fastest-growing economies: the economies of both countries grew by 8.6%. Even countries like Benin, Ethiopia, Gambia or Burkina Faso are still among the top 20 in the world. But what is the reason for high growth in Africa anyway? In addition to a young and rapidly growing population, which drives the domestic market, education from a level of training is also an essential factor. Only in this way can emerging economies also participate in more complex value creation. Legal security and stability are also important factors when foreign investors look to Africa. One country that is considered highly developed and legally secure within Africa is Namibia.

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19. November 2020 | 09:27 CET | by Nico Popp

AngloGold Ashanti, Blackrock Gold, Newmont: Investing in gold - but how?

  • Gold

Gold investors are in a comfortable situation: The precious metal has lost a little from its highs, but still shows excellent relative strength at the USD 1,900 an ounce mark. Although news of vaccines has taken some pressure off the markets in the short term, the big picture for gold investors remains intact. The crisis of the century requires trillion-dollar measures. This flood of money, in turn, increases the risk of further problems and could drive inflation. Contrary to the opinion of many investors, it is not inflation that drives the gold price, but their expectations. Given the measures already taken and those still in the pipeline by governments and central banks, there is every reason for increased inflationary expectations. But how does an investment in the expected gold boom succeed?

While grandmother still hid bars and coins under the bed, today's investors can resort to gold ETCs. These usually securitize physical gold and can also be held in custody at attractive fees and actively traded. Yield hunters nevertheless prefer to use gold shares. The reason: stocks such as AngloGold Ashanti, Blackrock Gold or Newmont usually offer leverage on the gold price. Depending on how a Company develops, the gold reserves in the ground are also valued.

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16. November 2020 | 09:48 CET | by André Will-Laudien

Velocity Minerals, B2Gold, Delivery Hero: We take up the fight!

  • Gold

The news of a vaccine against Corona with a success rate of 90% caused markets to skyrocket since last Monday. While the Dow Jones and the S&P set 500 new records, gold plummeted by as much as USD 118 in one day. Gold's most significant daily drop in more than seven years also wiped out its breakout from a 3-month downward wedge last Friday.

As gold futures closed below USD 1,890 this week on the Comex, the strong sell-off below this support brings with it the possibility that the zone between USD 1,750 and USD 1,800 will be tested again before the correction of the safe-haven metal's large gains finds a significant bottom. The gold futures base of USD 1,800 has technically become a critical support level, an area that dates back to the bull market of 2008.

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