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...”
I got the buy signal for gold stocks. Investors who are light on positions can buy now or wait for the US jobs report volatility to subside, and then buy.
RC drill results at the California target returned significant gold mineralization from the 2023 RC drill program on the Cervantes property located in Sonora, Mexico.
CEO Ganoza: "The Company also achieved record gold equivalent production of 136,154 ounces and record sales of $265.3 million, representing increases of 6% and 9% respectively compared to Q3."
