Ounce-growing gold miners to outperform
While high energy costs have squeezed margins across the mining sector, selective miners capable of growing their mined ounces represent strong upside opportunities.
The argument
The speaker highlighted IAMGOLD as a positive example due to its projected ounce growth, contrasted with Hecla Mining which has been more disappointing. Once precious metals prices resume their upward trend, selective miners are expected to see significant margin expansion.
The thesis, stress-tested
✓ What validates it
- ✓IAMGOLD reporting quarterly ounce production growth
- ✓Precious metals prices breaking out of their current corrective channels
▸ Risks discussed
- ▸Sustained high energy/oil costs
- ▸COMEX manipulation or regulatory interventions
Hear it yourself
"Opportunities historically reserved for a small group of investors. To learn more, visit us at palisade.ca and join us in our mission to level the playing field for investors. Now, back to the show. So in this environment where they they're getting sent a lot of dollars for chips, they're already seeing currency weakening. What we've also got is we've got the foreign direct investment of the international money manager who is now retreating from, Korea. One of the key reasons is the KOSPI as a as a stock market has done an absolute ridiculously near vertical performance. I'll show you that in the charts in a minute."
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