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- This bull run shows no signs of stopping 🐂
This bull run shows no signs of stopping 🐂
See who's mastering the playbook
*Sponsored by GoldMining Inc.
Good morning! Here’s some more great info on GLDG from our friends at Katusa Research.
Make sure to note all important disclosures below and spend time right now doing your own research on the stock. Trading is risky and nothing is guaranteed, so never trade with more than you can afford to lose. As always, have a well-thought-out game plan that takes your personal risk tolerance into consideration.
Fortune Makers Modern Warfare Playbook
Here’s a chart of the Chinese T-Note yield and gold since 2020.
Notice the near-perfect correlation since Covid.
Between Chinese consumers and the central bank buying gold, the environment now looks eerily similar to the late ‘60s Europe.
European buying kicked off the gold bull market of late 1960s to 1980, which resulted in President Nixon forever closing the gold window on US Dollars.
In the late 1960’s, French President Charles De Gaulle set in motion the reduction of US economic influence by reducing French US dollar reserves by redeeming them for gold.
This set off other nations to do the same…
And President Nixon was forced to close the “Gold Window”, which was the promise of the US Government to redeem US Dollars for gold.
In a decade, gold went on a bull run from $30 to $800, for a +2,500% price increase.
Fast forward to today’s playbook…
China continues to purchase gold with US reserves (like the European nations in the 1970s).
And almost as powerful are the hundreds of millions of Chinese citizens also buying physical gold at unprecedented amounts.
This Historic Gold Rally Shows No Sign of the Chinese Stopping
If anything, it could accelerate at a faster pace.
The only question is: How could you try to take advantage of it?
And I'm detailing one option to consider and research in this report.
I’ve found what might be a unique gold company that could benefit from gold's historic rise in price.
And, when you’ve finished this report, you’ll have all the details to get its full name and ticker.
But before we get to that, allow me to explain why I believe this gold company could be well positioned in gold’s historic rally.
KR SPECIAL SITUATIONS STOCK ALERT
GoldMining Inc. (GLDG: NYSE American)
Note: It goes without saying that this is a high-risk investment. If you have interest, you should definitely review the company's disclosures under its profiles at www. sedarplus .ca and www. sec. gov for important information regarding the company and its assets.
GoldMining owns and controls a diversified portfolio of resource-stage gold and gold-copper projects in the Americas.
The way to look at GoldMining is a company with multiple value drivers:
Cash and Equity Portfolio of CAD$163 million
~15% ownership in Gold Royalty Corp (GROY: NYSE American)
~80% ownership in US GoldMining (USGO: NASDAQ)
~28% ownership in NevGold (NAU: TSX-V)
(based on cash as of GoldMining’s filing for the quarter ended February 29, 2024 plus the market value of public company shares based on closing prices as of April 30, 2024)
La Mina Project has a Preliminary Economic Assessment (PEA), that included an estimate of pre-tax Net Present Value (NPV) of $447.3 Million using a 5% discount rate and a $1,750 gold price. The gold price today is above $2,300 per ounce. (based on a 2023 technical report).
Uranium Exploration Project, 75% ownership on the Rea Project in Athabasca Basin, Canada with Orano as 25% owner (3rd largest uranium miner in the world) which could potentially add significant value.
Project Pipeline
The company has a diverse portfolio of no less than 7 gold and gold-copper resource stage projects all in the Americas with estimates of
Approximately 12.5 million gold equivalent measured and indicated ounces and
An additional 9.7 million gold equivalent inferred ounces across all projects
(NOTE: Please refer to GoldMining's website for further information regarding its resource estimates and related technical reports.)
In total, the GoldMining projects have had historical drilling totaling approximately 1.8 Million feet.
To put that amount of drilling into perspective…
If you were to walk all 1.8 million feet, it would take you almost 5 days with no breaks (at a pace of 3 miles per hour).
Or 1,236 Empire State Buildings stacked end on end.
This company has an estimated approximately 12.5 million gold equivalent measured and indicated ounces.
And an additional estimated 9.7 million gold equivalent inferred ounces.
That’s in addition to promising exploration projects that have not been drilled out.
(NOTE: Please refer to GoldMining's website for further information regarding its resource estimates.)
Enter Alastair Still and the Architects Behind GoldMining
Alastair Still, with decades of mining expertise, commands the helm as CEO.
His career includes senior roles at major miners where he spearheaded significant operational turnarounds, resource expansions and M&A transactions.
And his leadership is now pivotal as GoldMining transitions from asset accumulation to unlocking of value of those assets amid favorable gold markets.
Alastair is backed by two successful veterans in the resource sector – David Garofalo and Amir Adnani
Here’s why the Katusa Special Situations Team is zeroing in on this opportunity:
Expansive Resource Base: With strategic acquisitions, GoldMining has amassed a formidable portfolio, ensuring substantial leverage to gold prices.
Prime Jurisdictions: The company’s assets are nestled in some of the most mining-friendly regions in the Americas, promising smoother development prospects.
GoldMining Inc.'s trajectory mirrors that of companies transitioning to mid-tier status, where each strategic development can significantly impact share prices.
Here’s the kicker:
Based on the Preliminary Economic Assessment (PEA), of the La Mina Project that included an estimate of pre-tax net present value (NPV) of $447.3 Million using a 5% discount rate using a $1,750 gold price),
Gold is now over $2,300!
This company’s disciplined strategy isn’t just about holding assets; it’s about active advancement.
In 2024 and beyond, GoldMining is set to shift gears from asset accumulator to advancing assets to unlock value
Strategic Partnerships and Alliances: Lining up with industry majors for potential partnerships to further advance projects.
Phase one of GoldMining’s business plan was to acquire high quality resource stage gold, silver, copper, and uranium assets on the cheap.
They succeeded.
The next phase of their business plan is, naturally, selling, spinning out, or partnering their gold projects while unlocking the incredible value for their GoldMining shareholders.
It is a testament to the GoldMining team’s business acumen such that the company was able to purchase and hold all these assets of gold, copper and uranium all with such impeccable timing.
And now they seek to unlock value for existing shareholders. GoldMining has been acquiring assets for the last decade in a buyers’ market for gold projects.
Every day as current mines are depleted, the existing resource in the GoldMining portfolio becomes more valuable in our opinion.
This is a very exciting story and one everyone should be paying attention to.
We know we are.
Marin Katusa and the KR Special Situations Team
P.S. I encourage you to dig deep and review their public disclosures in full.
Katusa Research Disclaimer
IMPORTANT DISCLAIMER: Katusa Research, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction. Please do not rely on the information presented by Katusa Research as personal investment advice. If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor. The communications from Katusa Research should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies.
GoldMining Inc. has reviewed and sponsored this article.
The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter. Katusa Research nor any employee of Katusa Research is not registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. He is also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.
HIGHLY BIASED: In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Katusa Research has received cash compensation from GoldMining Inc. in the amount of $1.25M Dollars for a multi-month marketing campaign, and is thus extremely biased. Members of Katusa Research may also own shares in GoldMining Inc. and benefit from any volume, activity or share price change.
It is crucial that you conduct your own research prior to investing. This includes reading the company’s SEDAR and SEC filings, press releases, and disclosures including ‘risk factors’ as outlined in the Company’s Annual Information Form.
The information contained in our profiles is based on data provided by the company, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.
HIGH RISK: The securities issued by the companies we feature is high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures.
NOT PROFESSIONAL ADVICE: By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Katusa Research, and all partners, members, and affiliates harmless in any event or claim. While Katusa Research strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Katusa Research is not obligated to update, correct, or revise the information post-publication.
FORWARD-LOOKING STATEMENTS: Certain of the information contained herein and in the Company’s disclosures referenced herein constitutes “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws (“forward-looking statements”), which involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements respecting the Company’s strategies, expectations regarding gold markets, expectations regarding the operations and results of the operators of the projects underlying the Company’s interests and expectations regarding future production and revenues from the Company’s royalties. Forward-looking statements are based upon certain assumptions and other important factors, including assumptions relating to commodities prices and the business of the Company. Forward-looking statements are subject to a number of risks, uncertainties and other factors which may cause the actual results to be materially different from those expressed or implied by such forward-looking statements, including those set forth in the Company’s Annual Information Form and its other publicly filed documents under its profiles at www. sedarplus .ca and www. sec. gov. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
Readers should review GoldMining’s public disclosures at www. sedar plus. ca and www. sec. gov for important information regarding it and its assets.
RagingBull Disclaimer
*Just so you know, what you're reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let's be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren't what you'd call “typical.”
Just a quick heads up about this ad you're reading—as we’ve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received thirty thousand dollars (cash) directly from GoldMining Inc for a five day advertising marketing program starting on June 3, 2024 to help them reach a larger audience of prospective investors. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case.
Now, diving right into GoldMining Inc might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there's exceptional risk involved in trading. This isn't small potatoes we're talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We're shining a light on the good stuff about the company here, but it's on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.
Oh, that brings us to another crucial point—we're not here to tell you (or even recommend) what you should do with your hard-earned money. We’re simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. We’re obviously biased in our writing. We’re not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as “forward-L00king statements” under the securities acts, so take those with a grain of salt. As with all forecasts, they’re not set in stone, often wrong, and we certainly can’t know where the Company’s earnings, business, or share price will be tomorrow or a year from now.
Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can't wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a pro—someone you trust who's licensed to give you real advice. To be clear,
Neither Raging Bull nor its owners, employees, or independent contractors are registered as a secur1ties br0ker-dealer, br0ker, 1nvestment advis0r (IA), or IA rep’s with the SEC, any state securities regulat0ry authority, or any self-regulat0ry organization.
So, that's the scoop! If you're intrigued and want to learn more about the companies we talk about, hit up the SEC's website to dig into their filings and see the full picture.
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