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Wednesday, 09/11/2019 10:34:28 AM

Wednesday, September 11, 2019 10:34:28 AM

Post# of 35776
Gold is rising to the top of many investment strategies for numerous reasons:


• Several central banks continue to ease monetary policy (some even turning to negative rates);

• America and China have gone toe to toe in a trade war;

• and, Trump has lambasted the Fed for not dropping rates fast enough, going so far as recommending a 100 basis point cut...


In this type of environment, gold and gold equities are poised to be among the leading beneficiaries.


Guyana Goldstrike with their flagship Marudi gold project an advanced exploration stage and near-term production situation in Guyana, South America.

The company is currently trading at an Enterprise Value per ounce of around $30, an 80% discount to peer companies with assets in similar jurisdictions and projects in similar stages of development.



Highlights:

? The Marudi Project: Potential for A Multi-Million Gold Deposit
? Multiple New Gold Discoveries at Toucan Ridge
? Guyana Goldstrike to Drill 1.75km Toucan Ridge target
? Funds Invested - 24.4 % Major Shareholder Zijin Funds to Participate in Equity Financing for the 2019 Drill-Program
? Major Gold Companies Actively Scouting the Guiana Shield for buy outs or JV partnerships



Geology

The host rock at Marudi is quartzite-metachert, and gold mineralization on the property is associated with the quartzite-metachert unit of the rock formation. Gold occurs within the magnetite-hematite rich quartzite and in the magnetite-silicate iron formation. The presence of quartzite-metachert rock is the strongest indicator of gold mineralization, and hence a primary focus for geologists conducting trenching exploration activities. Gold in banded iron formations are excellent exploration targets, renowned for their scalability. They are often found in clusters, a highly attractive quality amongst major gold companies vying for new deposits that can be developed into mines with longevity.

One of the best-known examples of a high-quality gold-bearing banded iron deposit is the Homestake mine in South Dakota, USA. This vast deposit developed into the largest, deepest gold mine in North America until its closure 2002.

Between 1878 and 2001, Homestake produced 43.9 M oz of gold.


Share Structure

58,452,037 I/O
Insiders & Close Associates 40%
Public Float 35.6 %
Zijin Funds 24.4%


https://www.guyanagoldstrike.com/



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