Many signs point to this going higher 📈

It has my FULL attention...

*Sponsored by GoldMining Inc.

Good morning!  Please take some time to digest this in-depth report 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 very risky, and nothing is ever 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.

To YOUR success,

Fortunes Can Happen When This Chart Inverts

By now you’re likely well aware of the historic rally in gold prices.

Many signs point to gold going even higher from here:

  • Continued geopolitical tensions in the Middle East…

  • Central banks buying more gold in 2022-24 than any other time in history…

  • Pending interest rate cuts from the Federal Reserve later this year…

It’s no secret that there are still plenty of catalysts left that could potentially keep driving gold prices up, even though it’s fresh off record highs. 

Following this April’s rally,

  • UBS bumped their projections for gold prices this year up to $2,500.

  • Goldman Sachs raised its year-end price target for gold to $2,700.

  • Citi raised their price floor for bullion from $1,000 to $2,000 per ounce and forecast gold at $3,000 by 2025.

As you can see, there’s still plenty of upside potential left for gold despite its recent stellar performance.

And therein lies the best-kept secret in the precious metals industry: the answer is timing.

Time is Money – And It’s Ticking

I’ve long talked about how timing is key to success as a speculative resource investor.

It’s not enough to just pick the right commodities to buy and hold. After all, gold has doubled in the last 15 years – but in that same time, the S&P 500 has quintupled.

Taking a closer look at the chart above, we can identify several periods of sustained price rallies for gold: in 2010, 2015, 2018, 2022, and of course the current rally that began last October.

In each of these windows, gold prices surged by anywhere between 20 to 60% over the span of several months.

Those aren’t bad returns by themselves… but how did gold stocks do in those same timeframes?

Take a look for yourself. 

It’s a well-established trend – gold stocks are inherently riskier and more volatile than physical gold. 

That’s what makes them prime vehicles for speculative investments, as long as you get the timing right.

As I mentioned previously, 

There are a number of factors in play that could see gold go higher from where it sits now.

And several major investment firms agree on that, having set aggressive near-term price targets for gold.

Now, the question becomes this: if gold is going higher, and  gold stocks have historically benefited whenever gold goes up, what’s the best way to play the situation?

Well, we’ve identified a gold company that could stand to benefit from a historic rise in gold prices.

And it all starts with a good friend of mine…

KR SPECIAL SITUATIONS STOCK ALERT:

GoldMining Inc. 

(GLDG: NYSE)

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.

The Founder is One of The Top Executives in the $943 Billion Resource Industry

His name is Amir Adnani. His experience runs the gamut. He’s been in the resource industry for nearly two decades. Plus, at just 27 years old, he founded a uranium company. 

Today, that company is one of the leading uranium companies in the Western world.

Not to mention it has become the fastest-growing uranium company listed on the NYSE with the largest resource base of permitted ISR projects of any U.S.-based producer.

Now, he’s one of the architects behind GoldMining Inc. (GLDG).

But as seasoned as Amir might be, he’s not the only big name on the board. He co-chairs GoldMining alongside David Garofalo, legendary mining executive who’s previously served as the CEO of Goldcorp, President & CEO of Hudbay minerals, and CFO of Agnico-Eagle.

Two of those three companies were among the largest gold producers in the world (Goldcorp has since merged into Newmont). And the last one is a major multi-billion-dollar diversified miner.

With Amir and David leading the charge, alongside a crack management team that all have multiple decades of experience in the mining industry…

This team is set to deliver a world-class performance. And boy, are they delivering…

So far, GoldMining has already put together an impressive portfolio of assets, consisting of:

  • C$162.5 million in cash and equity holdings (based on closing prices of such holdings on May 22, 2024) against a market cap of just $213.5 million

  • 12.5 million ounces of Measured & Indicated gold equivalent and 9.7 million ounces Inferred resource estimates across all projects

  • A portfolio containing a dozen projects,

  • A clean balance sheet with zero debt.

(NOTE: 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 May 22, 2024)

We believe this diversified portfolio of gold focused resources provides a strong opportunity for shareholders. 

Even though the most recent Preliminary Economic Assessment for just one of their properties, La Mina in Colombia – 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 using a $1,750 gold price, 

NOTE: Refer to the technical report titled La-Mina-PEA with an effective date of 2023-09-07 for further information regarding the La Mina Project and the PEA

Did you read that… at $1,750 gold! Gold today is over $2,300 per ounce

GoldMining (GLDG:NYSE) has our attention because with…

  • One of the best leadership teams you could possibly put together in the mining industry…

  • A first-class asset structure with several major projects and equity holdings, and no debt…

  • All at a relatively attractive valuation …

You have all the makings of a focal point opportunity to capitalize on the strength of the gold market right now.

If you want to find out more…

Regards,

Marin Katusa

Refer to the technical report titled La-Mina-PEA with an effective date of 2023-09-07 for further information regarding the La Mina Project and the PEA. The PEA is preliminary in nature, and there is no certainty that the reported results will be realized. Mineral Resources used for the PEA include Inferred Mineral Resources which are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that the projected economic performance will be realized. The purpose of the PEA is to demonstrate the economic viability of the La Mina Project, and the results are only intended as an initial, first-pass review of the Project economics based on preliminary information.

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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