EDITOR: | June 21st, 2019 | 6 Comments

Viva la Gold

| June 21, 2019 | 6 Comments
image_pdfimage_print

“Gold $1407 – Love it!” reads text message last night from Mario Drolet of Mi3 Communications to me at just short of 10 PM. Reviewing headlines this AM Gold prices ease after earlier spike above $1,400 per ounce to prices not seen in nearly 6 years, allow me to share with you the gold companies the InvestorIntel team follows.

For ease, I have taken the liberty of sharing our latest interviews and columns that may introduce you to some of the best gold companies, both producers and juniors as you do your own due diligence for your portfolio* in the public markets.

For fun, we have sent emails out to the CEOs for all the below mentioned companies requesting their feedback on the price of gold and their thoughts on the gold market. As their comments arrive, we will add them to the comments section of this column.

  1. Alkane Resources Ltd. (ASX: ALK | OTCQX: ANLKY). To access their latest interviews or features, click here
  2. Angkor Gold Corp. (TSXV: ANK). To access their latest interviews or features, click here
  3. Eastmain Resources Inc.  (TSX: ER | OTCQX: EANRF). To access their latest interviews or features, click here
  4. Euro Sun Mining Inc. (TSX: ESM). To access their latest interviews or features, click here
  5. Golden Arrow Resources Corporation (TSXV: GRG | OTCQB: GARWF). To access their latest interviews or features, click here
  6. Goldplay Exploration Ltd. (TSXV: GPLY | OTCQB: GLYXF). To access their latest interviews or features, click here
  7. Harte Gold Corp. (TSX: HRT). To access their latest interviews or features, click here
  8. Noble Mineral Exploration Inc. (TSXV: NOB). To access their latest interviews or features, click here
  9. Pancontinental Resources Corp.  (TSXV: PUC). To access their latest interviews or features, click here
  10. Signature Resources Ltd. (TSXV: SGU |OTCQB: SGGTF). To access their latest interviews or features, click here
  11. TerraX Minerals Inc. (TSXV: TXR). To access their latest interviews or features, click here
  12. TNR Gold Corp. (TSXV: TNR). To access their latest interviews or features, click here
  13. West Red Lake Gold Mines Inc. (CSE: RLG | OTCQB: RLGMF). To access their latest interviews or features, click here

Tracy Weslosky

Editor:

Tracy Weslosky is the CEO for InvestorIntel Corp. and founder of InvestorIntel.com, a trusted source of online market information for investors in the capital markets, ... <Read more about Tracy Weslosky>


Copyright © 2019 InvestorIntel Corp. All rights reserved. More & Disclaimer »


Comments

  • Alkane’s response to Viva La Gold

    What do you think about the price of gold? Nic Earner of Alkane Resources Ltd. (ASX: ALK | OTCQX: ANLKY) responds: “The price of gold in Australian dollars is at record highs, we’re delighted to be a low cost producer in this environment.”

    Then, we asked Nic — Is this the beginning of a gold bull market? He replied “Whilst gold pricing doesn’t always follow fundamentals, given the volatile world security and growth dynamic we see note upward pressure on gold price than downward pressure.”

    And then he adds: “We’re really excited to be making significant gold discoveries right next to our operating gold mine at the same time as we see record prices.”

    June 21, 2019 - 8:17 AM

  • Euro Sun Mining’s reply to Viva La Gold

    Scott Moore from Euro Sun Mining Inc. (TSX: ESM) just replied to our 2-part #gold questions. We asked (1) What do you think about the price of gold? He responds: “Gold is finally starting to recognize the global economic atmosphere. Continuing discord and activity in the straits of Hormuz will also keep gold on the uptick as escalation seems possible.” We then asked: (2.) Is this the beginning of a gold bull market? “While too early to tell we certainly are encouraged by the early response in the equity market.” – thank you Scott.

    June 21, 2019 - 9:08 AM

  • Stan Bharti of Forbes & Manhattan reply to Viva La Gold

    We have just experienced one of the worst markets for gold stocks over the last four years. This happened right after a spectacular bull market in the price of gold, gold stocks and other commodities that occurred from 2003 to 2014. The interesting point about this time period is that both gold prices and gold stocks were coupled and reacted in tandem. Over the last four years, while the price of gold dropped to $1200 or so, it’s still healthy compared to historical levels. Gold stocks however, fell to dismal levels comparable to the bear market in gold and gold stocks we saw from 1998 to 2001, when gold was trading below $300.

    While gold has moved up marginally and broken technical resistance of $1380, we believe gold stocks will now rise to their real values and we will see a bull run in gold stocks, particularly junior and intermediate stocks that have been hard hit over the last several years.

    Get ready over the next 18 months for spectacular gold stock runs that may run strong well into 2022! Enjoy the ride. It’s been a long time coming!

    June 21, 2019 - 10:48 AM

  • Pancon Resources reply to Viva La Gold

    According to Layton Croft, Pancon’s President & CEO: “Strategically located on the Carolina Gold Belt, our 100%-owned Jefferson Gold Project is next to the former Brewer Gold Mine and 15 kilometres along trend from the producing Haile Gold Mine. Nine out of 10 diamond drill holes on a single target at the Jefferson Gold Project (four in 2011 by a previous operator and six in 2017 by Pancon) intersected anomalous gold mineralization mimicking similar initial exploration successes at both Brewer and Haile.”

    June 21, 2019 - 12:09 PM

  • West Red Lake Gold Mines comments on gold market

    Tom Meredith of West Red Lake Gold Mines Inc. (CSE: RLG | OTCQB: RLGMF) responded to our question about whether or not this was the beginning of a gold market: “Expert investors are now buying gold as an asset class that they expect to perform well over the coming months and years.”

    June 21, 2019 - 1:44 PM

  • Signature Resources on the Gold Market

    John Leliever of Signature Resources Ltd. (TSXV: SGU | OTCQB: SGGTF) responded to our question (1) What do you think about the price of gold? with “It’s been a while now since an upward push like this has taken place and the fact it has tested the 1400 level after breaking thru the 1360/80 and is holding its own, we may finally see the daylight all the junior explorers so desperately need to attract new investment into property development.”

    We then asked John (2) Is this the beginning of a gold bull market? He responded with “In my personal opinion, we have been in a soft bull market for a while and its taking the new investor a while to understand there is more than just smoke in the air. The seasoned gold investor isn’t a millennial and once the newbies realize a physical asset that can be actually held in your hands is more powerful than imagination, I think then we will see the bull market really take hold and watch what happens then.”

    He then adds: “Signature has and will continue to make new milestones and the shareholder that invests in our company will know that our day is just around the corner and the breakout is on the horizon. We have incredible support from our shareholders and company management works hard each and every day to be ready for when that day finally comes. There has been a long calm and we are ready for the storm.”

    June 21, 2019 - 2:25 PM

Leave a Reply

Your email address will not be published. Required fields are marked *