Daniel Raihani, JP SDGs’ Post

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Founder - Ultra Capital | ASX | Investments | Development | Mining | International Trade | GOLD

Major gold discoveries are becoming more and more rare, representing extreme undervaluation in exploration companies with a JORC resource. Aurumin Limited (ASX: AUN) which has nearly 1m ounces is one of those that will see a rerate when this happens especially with gold prices breaking records.

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Gary O'Neill

Managing Partner Marina Isles

1w

Indeed Cash rich Gold companies ridiculously cheap - Once bitcoin is valued properly ie much much lower, flow back to gold companies is likely., Bitcoin is not an alternative to gold. Many times Bitcoin has failed to hold above 70K and its likely that will be the top before 40k is seen again. Add in a falling US$ with my technical target back at 90.17 seen in 2021, Gold will continue to move higher. The US$ remains way overvalued ignoring politics, debt and an upcoming recession outlook,

Simon Adams

Company Secretary - Multiple ASX listed companies

1w

It is not unreasonable to think that #gold has not yet hit its highs and global structural issues around debt point to good days ahead for gold investment.

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