The Gold Indices/Gold ratio is approaching all-time lows, while gold is breaking to all-time new highs! We believe the upcoming gold stock/indices rally will be of “biblical scale”… and is now getting underway!
With gold’s first record-achieving upleg in years fueling mounting momentum-chasing buying, spring 2024 has big potential for exceptional gains for gold mining stocks.
We discuss the positive production growth trend and forecasts for another record-setting year! Fortuna has announced its annual guidance of 457 to 497 koz Gold Equivalent ounces with strong production growth...
Gold is only days past potentially its most significant breakout in 50 years. Should the breakout hold, we should expect gold stocks to dramatically outperform Gold over the next year or two.
The major gold stocks remain deeply undervalued relative to gold. Their stock prices need to mean revert then overshoot far higher, which will increasingly happen as gold’s upleg continues.
SVP Weedon: "In addition to the exploration success at Kingfisher, drilling for Koula underground mining potential has resulted in several high-grade intersections. This includes 68.0 g/t Au over an estimated true width of 2.1 meters in SGRD1783...”
