New All-Time Highs For Several Companies
Gold just made a roaring comeback, on the backs of the jobs report, which didn’t come in “too hot,” so the market doesn’t dread imminent rate hikes. The dollar is falling and gold has rallied back to $1,900/ounce!
The portfolio updates are:
Gold Mountain (US: GMTNF) hit a new all-time today of CAD$2.96!
The company recently announced important news. Check it out HERE!
Essentially, the business plan is moving forward, as planned!
Gold Mountain (US: GMTNF) acquired the Elk Gold Project for a total of CAD$10M, with CAD$1M down and three interest-free payments of CAD$3M to follow, of which one has just been paid.
Since the property contains a resource of 545,000 ounces, it comes out to CAD$18.33/ounce or about CAD$7/ounce, for the CSD$4M that has already been paid. I calculate it this way, since the $6mn that is due will be financed by revenues from Elk, which is nearing production!
Since acquiring it, management has spent CAD$2mn on drilling it – a modest sum, yet it was able to increase the resource by 45%, or about 250,000 ounces of gold!
This is huge!
The company will be able to produce gold at an estimated cost of $554/ounce!
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!
We are not securities dealers or brokers, investment advisers or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company and are paid advertisers. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. On May twentieth twentieth twenty one, in connection with our agreement with Gold Mountain Mining Corp, we received a total of four hundred thousand dollars, paid to Gold Standard Media LLC. We contracted with Gold Mountain Mining Corp to provide advertising services for a period of twelve months. Principals of Wealth Research Group LLC currently own shares of ASAN and may buy or sell those shares at anytime or may otherwise hold such shares. We have not in the past and will not in the future be compensated for this publication by any of the Issuers, third party shareholders of any of the Issuers, or any other person or entity. Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for your further investigation; they are not stock recommendations or constitute an offer or sale of the referenced securities. The securities issued by the companies we profile should be considered high risk; if you do invest despite these warnings, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEDAR and SEC filings, press releases, and risk disclosures. It is our policy that information contained in this profile was provided by the company, extracted from SEDAR and SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.
Please read our full disclaimer at WealthResearchGroup.com/gmtndisclaimer