The TOP Gold Stock to Watch in 2024 is NGLD: a Unique player with a unique business model.
With a growing portfolio and experienced management, NGLD may be one of the most strategic entrances into the gold arena and a royalty company uniquely benefitting on rising gold prices. Did you know that stream and royalty financing has become a mainstream source of capital for the global mining industry? With gold having another bull run, now may be a good time to have Nevada Canyon Gold (OTC: NGLD) on your radar! NGLD is focused on acquiring royalties on smaller producing, pre-production or pre-resource properties, creating a royalty package by aggregating them under one roof, then selling the packages. This creates a much higher valuation as a package rather than individual smaller royalties, creating a much higher potential profit margin in the process. The potential upside profit margins are much higher in the pre-production royalties than that of the producing property royalties. NGLD management believes it can create substantial upside value to the initial capital and equity invested by the company with this low overhead approach and unique business model.
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Wednesday, June 26, 2024
The TOP Gold Stock to Watch in 2024: a Unique player with a unique business model.
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