The Best Gold Stock for Your Radar in the Bullion Run A unique business model could elevate this gold-focused company to unprecedented heights in 2024. Gold has been on a tear this year. The yellow metal has hit an all-time high of $2,4231.29 recently and the rally could be far from over. From central banks to even Costco customers, it seems everyone is buying gold these days. With Wall Street watching the gold space carefully, now is a perfect time to pay attention to this stock. This Little known Company is a uniquely structured natural resource company focused on the state of Nevada, a jurisdiction continuously rated as one of the best places to explore and mine gold in this world! By partnering with capable operators and people, the company focuses on building and managing a diversified, future cash-flowing portfolio of precious metal assets and properties. With a growing portfolio and experienced management, It may be one of the most strategic entrances into the gold arena as the precious metal hovers near its record high! Why This stock, aside from gold prices skyrocketing? The current depressed junior mining market, in particular in the CDN markets, has created a lot of attractive investing and acquisition opportunities (in Royalties Streams and mineral properties). Numerous distressed property assets are currently available at well below market value, creating extremely attractive opportunities for well-financed companies such as Nevada Canyon! As a Royalty & Streaming Company, it has a very low operating overhead. The company is NOT subject to the same risk factors and large operating overhead as a conventional mining company, such as the price of gold, price of oil/fuel and other operating costs that affect profitability. For Example: Franco Nevada has 35 employees- Barrick Gold has over 36,000 employees! A unique combination of royalty and streaming business stability and accelerator growth potential provides a competitive business advantage for this emerging player. Learn Why This stock is at the top of our radar! |
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