While you're waiting...21 Jun 2021 17:13
If anybody is stuck for something to do while we're waiting to make our fortune, have a listen to this webinar...this company owns 40% of Solaris and will be the next major gold miner (Abu Dhabi Sovereign Wealth Fund believes this, with a big chunk of convertibles...)
https://www.youtube.com/watch?v=ejl35BezzfU
After Making a load in ATYM I was looking for the next big thing and research took me to SOLG...so far this has produced six figure gains by selling at double bubble twice. I don't need a multi bagger but if it happens that's a bonus.
So after a great deal of research and some dead ends, I put a reasonable amount into JAY, but this next one is where I have already built up a $50,000 CDN holding...(I buy in CDN where I can because I think the USD is screwed...)
EQX will be producing over 1m oz of gold within a year and not only aims to be a major producer (like SOLG) but it already has all the mines in its portfolio to do so; much of its MCap is based on E&D value rather than production value so you only need to look at the price appreciation at ATYM to see what can be achieved once you're in full production.
(And that of course is the carrot for those on here holding for production...)
The tasty tidbit is that EQX also developed Solaris and still holds 40% of it
I know its a gold miner but I've doubled up today on the basis that both the gold price and especially the EQX price are ridiculously low IMO.
No I'm not ramping it...I can't...its a $3 Billion company (where we'd like to be in a years time!) I've done loads of research before making this my next banker and the video will definitely stimulate interest.
How did I find it? I'd just sold MAG Silver at double and PanAM Silver for a tidy profit. I saw a video of Ross Beaty (Chairman of EQX) who has already developed highly successful companies and is Chairman of PanAm...
What convinced me was when he said he had gone all in on EQX "this is my swansong..."
https://www.marketscreener.com/business-leaders/Ross-Beaty-12092/biography/
Anyhow, if I've piqued your interest listen watch the video at least; if it makes you money its my pleasure and I will be sharing the gains...this is a buy and hold for me...