Our Core Gold Developer Just Released A Document Unlocking A Path To 10x
The closest comparable ran 1,500% in under a year after publishing their engineering study. Our numbers are stronger across the board, with a blue chip management team.
Three weeks ago I told Premium subscribers this company was one my highest conviction gold developer picks. It’s the #1 stock on the Premium section of the Portfolio page.
The stock drifted, as they often do during lulls between catalysts. That changed dramatically today.
The company just published its first-ever engineering economics on their significant gold deposit and the thesis just got nuclear.. I’ve been waiting for this document for months.
I’m a known PEA skeptic. I literally wrote the article on why most of them belong in the trash. PEAs are designed to impress, and they rarely move the needle on their own.
This one is different. And I can prove it: I found the closest comparable.
Same engineering firm designed both projects. Same mining method. That comp published their PEA last year. The stock ran 1,500% in under a year and trades at a market cap north of $180 million today.
This company’s numbers are better. Higher NPV. Higher IRR. Lower costs. Three times more ounces.
The strip ratio, the single most important number for any major evaluating an acquisition target, may be the lowest on any open-pit gold development on earth.
And it trades at a valuation of about C$30 million.
Why the disconnect? Because this story is just starting to make its way around the broader market - it’s impossible to keep numbers like this under wraps.
Institutions are already positioned, holding 50% of the shares. Retail investors and sentiment driven buying, backed by these hard numbers, will drive the valuation higher this year. In my opinion, much higher.
The document they just published is also the key that unlocks the federal permitting process. That application has already been filed.
The management team they assembled includes a VP of a major gold mining company; a veteran who ran exploration programs for another blue chip gold miner; a CEO who has successfully built and sold mines, one that ended up in a $1 billion+ acquisition; and an ex-Federal permitting expert intimate with their specific jurisdiction.
This company is built to bring their asset into production.
The full breakdown, including the comp analysis and what todays press release means for the re-rating timeline, is live now for Premium subscribers.
Unlock access for only $8/month ($88/year) - you’ll get access to this, and other Premium picks, backed by my 34 years of experience in this sector.
