| Don’t Lose Composure; The Rally Is Far From Over |
| Silver is the key to it all. Silver attracts NEW TRADERS to the natural resource sector and it ALREADY DID. These newcomers have been waiting for a pullback like this one today, which is the reason that we believe it will be SWIFT, VOLATILE and bounce right back. Gold’s rally to new all-time highs BROUGHT THE INSTITUTIONS, and silver’s +100% gains in less than six months gathered the RETAIL CROWD. In the past FORTY-FIVE YEARS, silver has only made new 52-week highs every ONE THOUSAND DAYS, on average. It’s very rare. Silver is not a great LONG-TERM investment in the modern era, returning LESS THAN 5%/annum, but as I said yesterday, WHEN IT MOVES, it moves fast and furious! In July, we saw the metal making a new 52-week high. Our systems show that this ONLY ACCELERATES the returns in the 12-month period that comes after it. As opposed to the BORING 4% that it averages over the long haul, silver returns over 20%/year, ONCE IT MAKES a new high – history, data and FACTS are in our favor! More gains for silver TRANSLATE INTO more retail investors interested in mining stocks; this has a SNOWBALL EFFECT. I’ll let the WEAK HANDS sell in panic, while I scoop up quality assets ON THE DIP. Gold X Mining (TSX-V: GLDX & US: SSPXF) is like a RACE HORSE, benefitting quickly from these types of bull market rallies, as we’ve seen in the past five months. Since bottoming in March, shares are up 301%! Its Toroparu Project is HIGHLY-LEVERAGED to rising gold prices. An independent Preliminary Economic Assessment (PEA) was completed on the Project in June 2019. The results are SO IMPRESSIVE – get this:A total of 4.5mn ounces of gold WITH exploration upside potential. Mine life dialed in over 24 years. Again, this is before FURTHER EXPLORATION is done, which could extend the mine life even further into the future. The project generates $1.7bn of After-Tax Free Cash and a 27.7% Internal Rate of Return at $1,500 per ounce gold price. Net Present Value (discounted by 5%) at $1,500 gold is $760M! The PEA only estimated the Net Present Value up to a maximum $1,500 gold price, so CONSIDER what it is at $1,996 where we are at today!Guyana, a MINING FRIENDLY jurisdiction, is getting international attention! Guyana, according to the World Bank / International Monetary Fund is projected to have the FASTEST-GROWING economy on planet Earth following WORLD CLASS offshore oil discoveries by ExxonMobil and Hess Oil coming on-stream in 2021! A significant amount of the tax revenue from the oil production will be invested in infrastructure and the electrification of the country, which will directly benefit the mining industry. Not only is Guyana an English-speaking democratic republic that operates under British Common Law, but now its economy is projected to grow at 52.8%/year over the coming years! In addition to oil, the country is extremely well endowed with GOLD, manganese, and bauxite. Mark Bristow, CEO of Barrick Gold, describes the Guiana Shield,where Toroparu is located, as “a significantly underexplored region and one of the most prospective in the world for large scale gold discoveries.” CONSIDER shares of GOLD X Mining (TSX-V: GLDX & US: SSPXF)! Look at the SIZE of Toroparu – an acquisition of this size would, WITH CERTAINTY, move the needle for a mid/large-cap company operating in Latin America. Toroparu has 7.35mn ounces of gold resources in the M&I category and an additional 3.15mn in the inferred category. Companies that run dozens of mines AREN’T INTERESTED in exploration-stage projects. They want CEO Paul Matysek to REPEAT what he’s done several times in the past – DE-RISK the property to the point where it’s just TOO GOOD to pass up. CONSIDER SHARES OF GOLD X MINING (TSX-V: GLDX & US: SSPXF) NOW! |
