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1 Jun 2021 18:40:35 UTC
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Investors Can Make Easy Money from This Canadian Gold Mountain
We have an astounding set of admissions from Ed Moy, former US Mint Director. He stated that a) the gold prices were suppressed artificially from derivative trading on COMEX which did not involve physical gold, b) that the major mints (including Perth which we documented recently) had run out of gold, and c) that both he and Goldman had predicted gold to at least $2000 year, with his target being higher at $2100.
This is a credible market participant, as a former US Mint Director, making these statements confirming what we have been saying about the market all year. And it is against this backdrop which we give you the escape hatch for your gold plan at a time when finding physical is much harder than it has been in 10 years.
We bring a you another potential target for your mining stock portfolio today, Gold Mountain (TSX-V: GMTN & OTC: GMTNF)
Gold Mountain is a near-term gold producer aiming at 19,000 ounces in Q4 of this year. After paying off their debt in the first year, they will ramp up production eventually to 65k ounces per year. Therefore, we expect two potential big price jumps first as production commences, and then after they ramp production after having no debt overhead.
The project economics are very favorable, with an after-tax NPV of $231 million at significantly lower gold prices than we see today. With Ed Moy's assessment of physical gold shortages leading to a scarcity of physical, near-term gold producers like Gold Mountain in a top tier mining district give you plenty of options for playing this bull gold market.
This video was conducted on behalf of Gold Mountain, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit
https://www.goldstandardir.com/gold-mountain-disclaimer-6/
_______________________________________________________________
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...
https://www.youtube.com/watch?v=HKgQ6qksSa4
This is a credible market participant, as a former US Mint Director, making these statements confirming what we have been saying about the market all year. And it is against this backdrop which we give you the escape hatch for your gold plan at a time when finding physical is much harder than it has been in 10 years.
We bring a you another potential target for your mining stock portfolio today, Gold Mountain (TSX-V: GMTN & OTC: GMTNF)
Gold Mountain is a near-term gold producer aiming at 19,000 ounces in Q4 of this year. After paying off their debt in the first year, they will ramp up production eventually to 65k ounces per year. Therefore, we expect two potential big price jumps first as production commences, and then after they ramp production after having no debt overhead.
The project economics are very favorable, with an after-tax NPV of $231 million at significantly lower gold prices than we see today. With Ed Moy's assessment of physical gold shortages leading to a scarcity of physical, near-term gold producers like Gold Mountain in a top tier mining district give you plenty of options for playing this bull gold market.
This video was conducted on behalf of Gold Mountain, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit
https://www.goldstandardir.com/gold-mountain-disclaimer-6/
_______________________________________________________________
Gold Silver Pros
We help you to grow your wealth
? One-on-one consultation https://bit.ly/1on1GoldSilverPros
? Gold Silver Pros University Membership http://bit.ly/GSPros_University
Educate yourself on the basics and apply proven techniques to increase your investment success. Includes exclusive access to Robert’s Golden Quarterly covering the economy, mining stocks, and precious metals market
Find us
Website: http://bit.ly/GoldSilverPros
Twitter: http://bit.ly/RobKientz_Twitter
LinkedIn: http://bit.ly/GSPros_LinkedIn
Rob's LinkedIn: http://bit.ly/RobKientz_LinkedIn
Reddit: http://bit.ly/GSPros_Reddit
...
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