5 Gold Gainers to Watch

 

April 24, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- Whichever way stocks go in the near term, one area that looks prime for growth is gold.  Today we are highlighting gold stocks that could breakout.

The first on our list, Inception Mining, Inc (USOTC: IMII), which owns and operates a producing mine with the capacity to produce 1000 tons per day, looks like it may be heating up.  Let’s begin research today.

The 5 Gold Stocks we are highlighting: Inception Mining, Inc. (USOTC: IMII), Gold Resource Corporation (AMEX: GORO), Agnico Eagle Mines Limited (NYSE: AEM), Osisko Gold Royalties Ltd (NYSE: OR) and Golden Star Resources Ltd. (GSS).

Inception Mining, Inc. (USOTC: IMII) (Market Cap: $14.804M; Share Price: $0.262)
announced in March that the company has completed a National Instrument 43-101 Technical Report that includes an estimate on its Clavo Rico Project located in El Corpus, Departamento Choluteca, Honduras.  The Technical Report has an effective date of 15 March 2019 and can be found on the company’s website at http://inceptionmining.com/clavorico/43-101-report/.

Highlights of the Report include:

  • Economic mineralization at Clavo Rico is contained in three distinct zones, including an oxide zone, a supergene enrichment zone, and a sulfide zone.
  • Data on 96 recent and historic drill holes totaling 6264 meters of drill core yielding 2552 assays together with 827 channel samples collected from historic adits.
  • Data on an oxide zone. The oxide zone has been producing since 2015.
  • Data on a sulfide zone that was calculated using two different modeling techniques to reflect geologic uncertainties:
  • Data of the supergene enrichment zone
  • The conceptual geologic model, supported by field mapping, production records and both recent and historic drill programs suggests that significant potential exists to increase the known mineral resource with additional drilling.

Inception Mining is a producing gold mining company engaged in the identification, exploration, acquisition and development of mineral properties.  IMII owns and operates the Clavo Rico mine.

Now’s a good time to start your research on IMII.

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Gold Resource Corporation (AMEX: GORO) (Market Cap: $230.873M; Share Price: $3.76) recently declared its monthly instituted dividend of 1/6 of a cent per common share for March 2019 payable on April 23, 2019 to shareholders of record as of April 11, 2019.   Gold Resource Corporation is a gold and silver producer, developer, and explorer with operations in Oaxaca, Mexico and Nevada, USA.  The company has returned $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offered the shareholders the option to convert their cash dividends and take delivery in physical gold and silver.  

Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States.  It also explores for copper, lead, and zinc.  The company's flagship property is the Aguila project comprising 18 mining concessions aggregating approximately 25,264 hectares located in the State of Oaxaca, Mexico.  Gold Resource Corporation was founded in 1998 and is headquartered in Colorado Springs, Colorado.

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Agnico Eagle Mines Limited (NYSE: AEM) (Market Cap: $9.482B; Share Price: $40.49) announced recently that it will release its first quarter 2019 results on Thursday, April 25, 2019, after normal trading hours.   Additionally, the ompany will host its Annual and Special Meeting of Shareholders the following day, Friday, April 26, 2019, in Toronto.

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland.  The company operates through Northern Business and Southern Business segments.  It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits.  The company's flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada.  Agnico Eagle is a senior Canadian gold mining company that has produced precious metals since 1957.  The company and its shareholders have full exposure to gold prices due to its long-standing policy of no forward gold sales.  It has also declared a cash dividend every year since 1983.   

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Osisko Gold Royalties Ltd (NYSE: OR) (Market Cap: $1.705B; Share Price: $10.95) announced in 1st week of April that it had subscribed for and received 34,090,909 common shares of Victoria Gold Corp. at a price of $0.44 per common share for an aggregate subscription price of $14,999,999.96 pursuant to a private placement purchase agreement.

Immediately prior to the closing of the Subscription, Osisko held, directly or indirectly, 120,427,087 common shares of Victoria Gold, representing approximately 15.3% of Victoria Gold's common shares prior to the closing.  Immediately following the closing of the Subscription, Osisko owns, directly or indirectly, 154,517,996 common shares of Victoria Gold representing approximately 18.1% of Victoria Gold's common shares.

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold; a 3% NSR royalty on the Seabee gold operations located in Saskatchewan, Canada and the 1.38% to 2.55% NSR royalty on the Island Gold mine.  The company also has a 100% silver stream on the Mantos Blancos copper mine in Chile.

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Golden Star Resources Ltd. (GSS) (Market Cap: $455.769M; Share Price: $4.17) announced in March its Mineral Reserves and Mineral Resources estimate as of December 31, 2018 with a 6% increase in total Mineral Reserves after depletion, including a 47% increase in Wassa Underground Gold Mine ("Wassa Underground") Mineral Reserves.

Some of the Highlights, include:

  • Proven and Probable Mineral Reserves increased by 6% to 1.8 million ounces of gold after mined depletion
  • Measured and Indicated Mineral Resources stable at 5.9 million ounces of gold
  • Inferred Mineral Resources increased by 12% to 7.2 million ounces of gold
  • Wassa Underground Mineral Reserve increased by 47% after mined depletion
  • Prestea Mineral Reserve decreased by 36% including mined depletion

Golden Star Resources Ltd. operates as a gold mining and exploration company.  The company owns and operates the Wassa open-pit gold mine, the Wassa underground mine, and a carbon-in-leach processing plant located to the northeast of the town of Tarkwa, Ghana and the Bogoso gold mining and processing operation, the Prestea open-pit mining operations, and the Prestea underground mine located near the town of Prestea, Ghana.  It also holds and manages interests in various gold exploration properties in Ghana and Brazil.

Gold production guidance for 2019 is 220,000-240,000 ounces at a cash operating cost per ounce of $620-$680. As the winner of the PDAC 2018 Environmental and Social Responsibility Award, Golden Star is committed to leaving a positive and sustainable legacy in its areas of operation.

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Signed by

Priyanka Goel, CFA

Legal Disclaimer:

This article was written by Regal Consulting, LLC (“Regal Consulting”).  Regal Consulting has agreed to a three-month term consulting agreement with IMII signed 02/12/2019.  The agreement calls for $25,000 in cash and 10,000 restricted shares of IMII per month. All payments were made directly by Inception Mining, Inc. to Regal Consulting, LLC to provide investor relations services, of which this article is a part of.  Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice.  This article is based on public information and the opinions of Regal Consulting. IMII was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein.  Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.

 

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SOURCE: Microcap Speculators

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