AGNICO EAGLE REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS - RECORD QUARTERLY AND ANNUAL GOLD PRODUCTION AND FREE CASH FLOW; RECORD MINERAL RESERVES INCREASED 10.5%; UPDATED THREE-YEAR GUIDANCE $AEM.TO https://t.co/Rv8HeJkB2q
AGNICO EAGLE PROVIDES AN UPDATE ON 2023 EXPLORATION RESULTS AND 2024 EXPLORATION PLANS - MINERAL RESERVES UP 10.5% YEAR-OVER-YEAR TO 54 MOZ; INITIAL MINERAL RESERVES OF 5.2 MOZ DECLARED AT EAST GOULDIE; INITIAL UNDERGROUND MINERAL RESOURCES... https://t.co/PsYJeq8OQK
$GLD ~ After a 12-year consolidation, the gold train left the station in 2005, embarking on a 6 year bull run to unthinkable highs. Today, gold is in a identical setup and if GLD can get over 195 it will confirm the gold train is again leaving the station. Chart from AG Thornson.
AbraSilver Resource Reports 258 Million Silver-Equivalent Ounces Contained in M&I Categories, Substantially Increasing the Diablillos Mineral Resource Estimate $ABRA.V https://t.co/HNXkounZWd
Skeena Completes Positive Definitive Feasibility Study for Eskay Creek: After-Tax NPV (5%) of C$2.0 Billion, 43% IRR and 1.2 Year Payback $SKE.TO https://t.co/zUKxtCNsBk
Calibre Mining and Marathon Gold Announce Combination to Create High-Growth, Cash Flow Focused, Mid-Tier Gold Producer in Americas with Expected Annual Production of 500,000 ounces $CXB.TO $MOZ.TO https://t.co/fXFGKA4GPz
NEVADA KING HITS MULTIPLE 80M INTERVALS OF HIGH-GRADE GOLD/SILVER MINERALIZATION AT ATLANTA INCLUDING 6.55 G/T AU AND 100.8 G/T AG OVER 82.3M $NKG.V https://t.co/CZBbEkLZ5B
The growing gap between gold and mining companies is about to gain significance as the precious metal gears up for a major breakout, likely marking the beginning of a new long-term cycle for precious metals.
Although mining companies are complex capital intensive businesses, there are historical periods when this industry proves to be exceptionally profitable investments.
If we are indeed on the verge of a secular move in gold prices, miners are arguably one of the most undervalued companies in financial markets today.
In an environment where inflation remains higher than historical standards and hard assets excel, these stocks have the potential to yield significant returns, possibly becoming multi-baggers.
"When you hit something like that in part of the caldera, you've got chances of hitting more elsewhere. And that's really what we got into Atlanta for, we're looking for a monster deposit."
@Comm_Invest@CEOTechnician@GoldMiningBull@Yakpi
https://t.co/GW10rmZBBC