Comeback of the precious metals
At least those who invested at the beginning of the year were rewarded. Also in 2020 the outlook for precious metal prices and thus also for the shares of companies with precious metal deposits looks good.
Renaissance or comeback - actually it is pointless to argue about which term to use. One thing is certain: The gold price showed a strong performance in 2019. The demand for physical gold was also enormous. Thus at the end of December, queues formed in front of the gold traders. A gold house in Munich even handed out snacks and drinks to waiting customers. Those who already own physical precious metal should also think about investments in shares of precious metal companies due to the positive mixture situation.
These include Auryn Resources, MAG Silver, Osisko Gold Royalties and Treasury Metals. Auryn Resources owns seven projects (Peru, British Columbia, Nunavut) - https://www.commodity-tv.com/play/newsflash-with-skeena-osisko-gold-royalties-rnc-minerals-isoenergy-and-auryn-resources/. These contain gold and copper. Very good precious metal results have already been recorded.
MAG Silver - https://www.commodity-tv.com/play/mag-silver-juanicipio-development-receives-joint-approval-construction-starts-immediately/ - is working hard and together with its partner Fresnillo to bring the Juanicipio Silver Project in Mexico to production next year.
If you are looking for diversification, you should take a closer look at Osisko Gold Royalties - https://www.commodity-tv.com/play/newsflash-with-skeena-osisko-gold-royalties-rnc-minerals-isoenergy-and-auryn-resources/. With more than 135 precious metal purchases, licence fees and investments, the company is broadly based.
Treasury Metals - https://www.commodity-tv.com/play/treasury-metals-infill-and-expansion-drill-programm-for-pre-feasibility-study-which-is-coming-in-2020/ - probably has one of Canada's closest gold mines with its Goliath gold project in Ontario. Rich gold mineralization extending to the surface and excellent infrastructure characterize the project.
Current company information and press releases from Auryn Resources (https://www.resource-capital.ch/en/companies/auryn-resources-inc/) and MAG Silver (https://www.resource-capital.ch/en/companies/mag-silver-corp/), Osisko Gold Royalties (https://www.resource-capital.ch/en/companies/osisko-gold-royalties-ltd/) and Treasury Metals (https://www.resource-capital.ch/en/companies/treasury-metals-inc/).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.
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