If Gold Goes to $1,500, This Stock Could More Than Double
Dear Reader,
I’m being extremely conservative here.
This stock has everything you could want as an investor: very limited risk to the downside, tremendous upside, and if we’re 100% wrong, it’s still one of the best gold investments you can make.
If gold goes to $1,500 this year, that’s only an 11% gain for the physical metal. However, this move would unleash a bull market in gold, and there are a few companies out there that will be the first to receive a flood of capital entering into the space.
With that said, if gold crashes and goes to $1,000, I really don’t think you can lose with this stock suggestion because it’s destined to be a big winner, in my opinion.
The billionaire founder owns 12% of the company and is a living legend in the gold space.
The odds are you’ve probably made money with him and you don’t even know it.
He’s attracted all the best possible shareholders, so it possibly has more support than any other junior gold stock.
BlackRock, Pacific Road, Sandstorm, Katusa Funds, Tyrus Capital, and Crown Ocean Capital own 23% of the company. Another 23% is owned by high-net-worth investors.
I assure you that people like Ross Beaty don’t look for 7% returns – or even a 50% return, for that matter. He’s a 10+ bagger company builder!
I expect this stock to soon qualify and be included into several indices, which will provide further liquidity and demand.
In my opinion, this is a must-own stock.
If gold rallies in 2019, it could double, and if we enter into a new gold bull market, this has 10-20 bagger written all over it.
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***NEW*** Stock Suggestion: EquinoxGold (TSXV: EQX & US: EQXFF)
It’s founded by Ross Beaty, the most successful mining entrepreneur to ever live!
He was involved in Pan American Silver, Lumina Copper, Lumina Gold, and Alterra Power.
His team is just as serious as he is. In all honesty, I’ve never seen a deck so stacked with successful mining people.
***One mine is already in production with a cash cost of $766 per ounce!
***By the end of this year, a second mine will be completed to produce gold for less than $800 per ounce.
These aren’t small mines, either. This company can quickly move from junior to mid-tier.
***They expect to see a third mine begin production in 2020!
The company has many catalysts ahead in 2019, including mine life extension, new exploration, permits, and an implementation of synergies with their projects.
This company is becoming a monster deal, with 2019 production estimated to be 230k+ ounces of gold, and a million ounces by 2023.
Today, the company trades for CAD$1.21 (US$0.91) and has multiple price targets that are in the CAD$3 range by institutional analysts. In reality, this means nothing, but I mention this because I actually do believe the analysts this time.
Recommendation: Consider accumulating shares of Equinox Gold (TSXV: EQX & US: EQXFF).
This should be a core gold stock for anyone interested in a speculative gold position.
Best Regards,
James Davis
FutureMoneyTrends.com
Share Disclosure: Myself, staff, and the owners of this Website and its affiliates currently own NO shares and will not buy for the next 72 hours.
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
Legal Notice:
This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. We have not been compensated in any way, have no relationship to the company, and did not contact anyone from Equinox Gold to speak with them regarding our unpaid coverage. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
