Investors need information
The rush was very great, as many people are worried about their finances in view of the current low or zero interest rate policy. Experts have already described 2008 as a light breeze compared to a tsunami that could come our way. In any case, precious metals are once again extremely trendy. Investors, who are not afraid of speculation either, are concerned with gold mining stocks.
Mine stocks currently have a leverage on the gold price of two to two and a half. If the price of gold rises, not only do the revenues of gold companies rise, but their gold reserves also rise in value. When making an investment decision, it is important to look at the projects (which country, which legislation, political risks), the management, the financial situation and the gold content. The leverage is usually particularly large with junior companies.
In this respect, Ximen Mining and Maple Gold Mines seem to be doing everything right. Ximen Mining - https://www.commodity-tv.com/play/ximen-mining-kenville-project-is-ready-for-small-gold-production/ - has just successfully completed a private placement. The proceeds will be used for the properties in British Columbia. These are the Amelia Gold Mine Gold Projects and the Brett Gold Project. In addition there is the Treasure Mountain Silver Project and the Kenville Gold Mine. An option agreement exists for the latter.
Maple Gold Mines - https://www.commodity-tv.com/play/maple-gold-reports-a-new-mineral-resource-estimate-at-douay/ - owns the Douay Gold Project (392 square kilometres) in the Abitibi Greenstone Belt of Quebec. Recent estimates have indicated mineral resources of 8.6 million tonnes at an average grade of 1.52 grams gold per tonne rock and inferred mineral resources of 71.2 million tonnes at an average grade of 1.03 grams gold per tonne rock.
There are voices again and again that assume a gold price of 3,000 or more US dollars in the next five to seven years, such as Gerardo Del Real from the Outsider Club. He points out that this would be "only" 100 percent more than today. After all, palladium as a raw material has been seen to be everything that is possible.
Current corporate information and press releases from Maple Gold Mines (https://www.resource-capital.ch/en/companies/maple-gold-mines-ltd/).
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