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March 4th, 2019
Dear Valued Readers,
Welcome all new readers!
We have a new featured company which is one of Argentina's best-positioned uranium & vanadium exploration companies with more than 4,500 km2 (450,000 ha) of prospective tenements! The Company’s mission is to deliver exceptional returns to shareholders by acquiring, exploring and advancing towards production a portfolio of uranium & vanadium projects, with an emphasis on near-surface deposits with the potential for near-term low-cost production. More information below. Click the blue reply bar for access to their 24 page presentation, a newsletter recommendation with target, and access to the company's web site.
In our last newsletter I said I would expand on a TSX gold explorer that I have owned for a few years. See below for the must see/hear presentations.
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Our featured company
Argentina is the largest generator of electricity from nuclear energy in South America. The country is working to further expand their nuclear energy sector with additional power plants, but currently lacks domestic uranium production. Argentina’s desire for security of supply could provide a “guaranteed” first customer for a new domestic supplier. Large scale production could make Argentina a strategic exporter of uranium to the international nuclear energy sector.
A recently newsletter put a 2019 target of .60 on the stock!
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Exchange: TSX Venture
Shares Outstanding: 109.7M
52 Week High: .225
52 Week Low: .125 Currently: .165
The stock traded 138K last Friday.
The company’s exploration work between 2007 and 2012 led to the discovery of a new uranium district in Rio Negro Province.
"The PEA demonstrates robust economics for a surficial mining operation of the Ivana deposit with 13 years of uranium and vanadium production."
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From Their News Last week: Positive Economic Assessment: PEA Highlights (All figures in US dollars)
PEA Key Assumptions & Inputs
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I have a watch list of stocks that doesn't change much. I may add a handful a year and it takes a lot to impress me. I've owned Auryn Resources (AUG TSX) for several years and I'm still super excited about it. The stock has a 5 year high of $4.20 and yes I'm still holding a large position. These are my opinions, you can do your research and make your own conclusions. The company's stock bottomed out at $1.14 in December and last week it hit $1.65.
The PDAC show has started in Toronto and Auryn has been on a promotional tour. The company has several high potential projects. I can't even summarize the whole story. Ivan Bebek, the Executive Chairman and director, speaks so well that I will point you to a few of his presentations. Their Sombrero project could be massive and they are drilling both their Sombrero and Committee Bay projects this year. There will be plenty of news flow and if you look at the management team and exploration team, you will be impressed. Management found and developed a mine in their previous company (Asanko Gold), sold Cayden Resources to Agnico Eagle, and now are determined to find another large mine. The group has raised over $600 Million to date. There is no problem raising money. In the past Goldcorp invested $36 Million in the company at $3.67 a share!
They have signed several confidentiality agreements with major companies on their Sombrero property.
This webinar discusses gold potential and then at 10:45 Ivan starts his presentation. You need to register but as soon as you do you will instantly get the recording, I usually would not point you to a presentation you have to register for, but it is too good to miss:
The Metals Investor Forum Presentation: [ Here ]
The Mining Stock Education Podcast interview with Ivan [ Here ]
Enjoy the presentations and send me your thoughts on Auryn with a reply to this email!
Auryn's 5 year chart is below. Have a great week! |
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DISCLAIMER:
Our sponsoring company has paid for an advertising package with Market Trend News.
Market Trend News may or may not have a share position in the company being featured. |
