Signature Resources Ltd. (SGGTF)

[Airchair]

I listened to this really good interview today with Tavi Costa from Crescat Capital and since they are a significant investor in Signature, it was fascinating to hear his view of the future of the gold price and the mining sector and in particular the Explorers. The link to the 20 minute interview is at the bottom of this email. I have listed a few of the exciting highlights and the relevant time marks. Hope you enjoy his Tavi's View which is pretty exciting and perhaps even life-changing if it plays out! Duran


14 min. - Newmont mining is on a 26 year Breakout and the major miners usually lead the Juniors and the Explorers

16 min. - Majors need to replenish Reserves and high-quality explorers will be in demand soon in the M&A cycle

17 min. - Crescat likes to purchase up to a 20% stake in high quality explorers

18 min. - the Mania phase the M&A is coming and prices will rise from pennies to even hundreds of dollars per share

18.50 min. - currently the high quality Explorers are not being rewarded and they should have a market cap at 20% of the mineral value in the ground and they are way under that Target. To achieve that Target many explorers share prices would have to rise 20 fold

19 min. - Tavi's gold price Target is $3,000 per ounce within a year and ultimately $10k per ounce and even that may be too low because gold stocks will likely be the new Meme stocks over the next 10 years


https://kingworldnews.com/tavi-costa/