URGENT NEWS: Dollar CRASH - GOLD $2,800/oz CHART!
Post# of 123686
GLDG is Literally Kicking Ass
On November 9th, H.C. Wainwright & CO., which covers GOLDMining Inc. (NYSE: GLDG), issued a revision of their price target:
At USD$6.25, this is a massive BUY rating from H.C. Wainwright, and their bullish thesis cites some of the very same catalysts we've highlighted:
Ownership of 20M shares of Gold Royalty Corp. (GROY), worth over $100M today.
GOLDMining's (NYSE: GLDG) ability to operate with minimal dilution for years.
Amir Adnani's track record with his two uranium companies, both up TRIPLE-DIGITS in 2021.
The three upcoming PEA reports!
The stock is rallying up by 12% today, DOUBLE what the GDXJ is doing and the stock hit $1.76, which is the highest it's been at since May!
Remember, at today's price, one purchases the company's 32M ounces of gold for roughly $75M or $3.0 dollars per ounce of gold!
Don't forget the following – this is how the stock behaves, when gold is rallying:
Dec 13' – Mar 14': 164%, comparison to gold spot: 11.49% (10X LEVERAGE)
Jan 16' – Sep 16': 665%, comparison to gold spot: 22.65% (30X LEVERAGE)
Dec 18' – Feb 20': 150%, comparison to gold spot: 26.01% (5X LEVERAGE)
Mar 20' – Aug 20': 218%, comparison to gold spot: 36.12% (7X LEVERAGE)
Best Regards,
Lior Gantz
President, WealthResearchGroup.com
Read More: https://investorshangout.com/post/view?id=633...z7KEijDsA1
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Read More: https://investorshangout.com/post/view?id=633...z7KEjNLEkO