Leviathan Gold Goes Public With Exciting High-Grade Gold Opportunity
In fact, Dynamic Wealth Research sees this as a superb buying window for gold assets.
We recently made our case as to how/why current monetary and financial conditions support a permanent bull market for gold. 2020 Was A Very Good Year For Precious Metals, 2021 Will Be Better
What if we’re wrong?
The advantage of investing in high-grade opportunities in the gold mining sector is that such high-grade projects are largely immune to market conditions.
Kirkland Lake Gold is making huge profits producing gold at its Fosterville Mine at a cash cost of US$119 per ounce – with gold currently well above $1800 per ounce.
But even if (somehow) the price of gold fell by half, the Fosterville Mine would still be producing gold at a gross margin of over 600%. That’s a pretty good worst-case scenario for any company or investor.
Great Bear Resources (CAN: GBR / US: GTBAF) has produced as much as a 35-bagger for investors since it made its high-grade gold discovery in Ontario.
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But it had already produced a 15-bagger for investors during a bear market for gold mining stocks.
The right company in current market conditions
High grade gold projects offer incredible upside potential for investors in a bull market. But they also provide strong downside protection – even in bear market conditions.
In contrast, most sober investors are becoming increasingly terrified of the bubble prices that permeate both the S&P 500 and Nasdaq. As investors chase momentum in these markets, “downside protection” is non-existent.
Leviathan Gold is a well-capitalized junior mining company about to go public, even as the drills are already starting to turn on its high-grade gold projects.
Leviathan offers far more upside potential than the most-popular Nasdaq tech darlings. It’s exploring for gold on properties:
- Known to host very high-grade gold
- In one of the world’s most exciting districts for gold mining opportunities
- In one of the world’s safest gold mining jurisdictions
In a world of increasingly uncertain markets, Leviathan Gold represents a risk/reward proposition that will tantalize serious investors.
Disclosure:
Leviathan Gold is a client of Dynamic Wealth Research
The writer holds shares in ...
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