A cheer to fresh gold producers
This can be seen very well when looking at the highlights of the last 52 weeks regarding the courses. The TSX Venture (TSXV) figures make it clear. The TSXV is a segment of the TSX, the largest stock exchange in Canada and it is a single trading venue for Canadian small cap companies. Most of these companies are companies that are currently developing projects.
Especially companies that have been allowed to call themselves producers for a short time have done well in the last 52 weeks and recently reached new 52-week share price highs, as a listing and evaluation of Canaccord Genuty shows.
Fiore Gold, a still young gold producer, is one of them: https://www.commodity-tv.com/play/mining-newsflash-with-fiore-gold-millennial-lithium-treasury-metals-and-goldmining/. The Pan Gold Mine in Nevada, White Pain County produced nearly 12,800 ounces of gold in the third quarter. This was the second consecutive quarter of record gold production. At the same time, Fiore Gold is pursuing other projects, such as the Gold Rock project in Nevada, which has excellent prospects for success.
Victoria Gold is also on the Canaccord Genuty Best List: https://www.commodity-tv.com/play/victoria-gold-canadas-newest-gold-producer/. Their Eagle Gold Mine, centrally located in the Yukon, has been producing since the third quarter of 2019, September 17, 2019 to be exact, and is expected to produce 210,000 ounces of gold annually. And the costs are low. The mine life is estimated to be 11 years and reserves are expected to be 3.3 million ounces of gold.
Current company information and press releases from Fiore Gold (https://www.resource-capital.ch/en/companies/fiore-gold-ltd/) and Victoria Gold (https://www.resource-capital.ch/en/companies/victoria-gold-corp/).
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