Saturday, 22 September 2018

Building Green Energy Metals Royalty Co.: John Davies TNR Gold - Understanding The Commodity Cycle Is Critical Within Mining And Exploration.



"The daily price fluctuation is ‘part and parcel’ of the commodities sector and reflects countless matters, often highly speculative in nature and equally should be expected. Certainly profiting from said movement may be alluring to investors in the immediate term but the great investment success stories come in ‘the long game’, having a position and seeing the fundamental qualities of the underlying commodity reflected in the market price. 
‘Long game’, not days, weeks or even months but years and with said approach, when directed proper, will reward investors for their insights. Quite naturally understanding the commodity cycle is critical within mining and exploration but equally savvy investors need to both understand said cycle and use to their advantage in a ‘long game’ contrarian strategy. 


This is possibly never more important than the present where technological advancements come at rapid fire pace and the mining and exploration sector will be put to the utmost test. From the ‘EV revolution’ and related battery storage sector and the remarkable growth of ‘green energy’, as well as global infrastructure demands, our society is making extraordinary advancements but with each, the critical ingredient comes via mining. 
Each of these great advancements places a heavy burden on metals and in many instances, none more obvious than copper, as forecasted demand in the coming years is far greater than present supply lines. Further exacerbated by the recent retracement of copper prices, brought on primarily by concerns of the consequences of a global trade war and strength of the American dollar, there is not remotely sufficient new projects coming on stream to match demand. 


Said simply, the price of copper has the potential of significant upward movement for many years to come. 
Wise investors should consider this situation, understand the potential opportunities in the sector and weigh against risks and their risk tolerance but always consider from a standpoint of a ‘long game’ strategy. 
At TNR Gold we possess the ‘winning long game strategy’ that understands the vast possibilities ahead with the remarkable growth phases in the ‘EV’ and ‘green energy’ revolution and furthermore believe potential retracement in said commodity cycle provides tremendous investment opportunities.  
In the coming months we will unveil our innovations in the area of capital financing, how we prioritise creating maximal shareholder value and how investors can participate in a company that understands the enormous benefits that the ‘green energy revolution’ provides society as a whole for generations to come.  
TNR Gold, the company that goes beyond the Balance Sheet. We build."

JKD






LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

Supply For Tesla Energy rEVolution. GEM Royalty TNR Gold NSR Copper Holding With McEwen Mining: "Los Azules - Our Sleeping Giant."




Security of Lithium Supply is in the headlines, finally. Discovery of the Copper place in Tesla Energy rEVolution will be next. Back into the future: with new record-low prices for Solar whole continents can skip the grid and fossil fuels based energy infrastructure. They can save trillions of dollars in associated CAPEX and move directly into 21st century Post Carbon Economy. Solar and Micro Grids can power Africa, India and South America. Copper is the red metal which is going Green supercharging electric cars and renewable energy infrastructure.





InvestorIntel: TNR Gold Fine Tuning Royalty Model For Green Energy Metals.


"But the investment that could return really big bucks is another NSR that TNR holds in the Los Azules copper project in Argentina, currently being developed by former Goldcorp founder Rob McEwen. TNR holds a 0.36% NSR royalty on the project, which could return $35 billion over a 35-year mine life. A looming copper crunch as the market could move into structural deficit by 2020 means that major mining companies are hungry to pounce on attractive projects being developed by juniors. A preliminary economic assessment shows that Los Azules could deliver 415 million pounds (188,241 metric tons) of copper production a year for the first ten years of mine life with cash costs of $1.11 a pound, according to TNR. 
“Investors are putting a larger discount on our cash flow because people do not expect that McEwen Mining will put this project into production,” Klip said. “All majors are looking for a good copper project and there is more and more interest.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.




Friday, 21 September 2018

Green Energy Metals Royalty Co. TNR Gold: Mariana Lithium And Ganfeng - Chinese Lithium Giant Agrees Three-Year Pact To Supply Tesla.



We have discussed a lot with you here our Green Energy Metals Royalty Co. vision and the world-class assets in TNR Gold Royalty Portfolio. The new presentation by Rob McEwen has properly introduced you to "the sleeping giant" Los Azules Copper with McEwen Mining as the operator. TNR Gold holds NSR Royalty on the entire project. This is the essence of our business model when industry leaders are operators on the world-class projects providing us in the future with the potential cash flow royalty streams. Today our Lithium Story comes back to life. 

TNR Gold has founded International Lithium Corp in 2009 and now we hold NSR Royalty on Mariana Lithium project in Argentina where Ganfeng Lithium is the operator. Our strategic priority is to protect this holding. News about Ganfeng and Tesla lithium supply deal confirms our long discussions on this blog about the security of supply for critical metals for Tesla Green Energy rEVolution. 

Finally, Tesla is coming to secure the lithium supply from the real source. There is some information that this deal is not new news and part of the Ganfeng IPO PR promotion, but it is not so important here. The logic was quite straightforward: Ganfeng supplies lithium to Panasonic, Panasonic supplies Tesla with lithium cells. Now Tesla will receive lithium supply directly from Ganfeng. 

Ganfeng's IPO in Hong Kong will start another chapter for this company, hopefully, Mariana Lithium will have its important place in that book as well. TNR Gold Royalty model secures the exposure to Green Energy Metals like Copper and Lithium without any additional allocation of capital and industry leaders like McEwen Mining and Ganfeng Lithium provide necessary de-risking profiles to our holdings. Our congratulations go to the hard-working teams at Ganfeng Lithium and Tesla today!





InvestorIntel: TNR Gold Fine Tuning Royalty Model For Green Energy Metals.



LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

Tesla Energy rEVolution: TNR Gold CEO On The Beginning Of A Megatrend Led By Electric Cars.





LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

Introducing GEM Royalty Co. - The Green Energy Metals Royalty Company TNR Gold Corp.



LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.


InvestorIntel:

TNR Gold Fine Tuning Royalty Model For Green Energy Metals.





 | MAY 08, 2018 |

Renowned mining investor Frank Holmes has spoken out about his fondness of mining royalty companies.
In terms of value proposition, they outperform mining equities and serve the important role of connecting exploration plays with financiers during lean bear markets, he says.
Kirill Klip, CEO and President of TNR Gold Corp. (TSXV: TNR), fell into this business model when he bought shares in gold mining royalty company Royal Gold for about $5 each, back when gold traded at $300 an ounce (it hasn’t traded in the $300s since 2003). He cashed out of that investment at over $70 a share and has been hooked on the royalty model ever since, where royalty proceeds funnel into new opportunities, he told InvestorIntel.
Klip says his version of a royalty company is slanted towards metals with high exposure to usage in electrical vehicles – lithium, copper, and even gold. His most mature investment to date is a position in International Lithium Corp. (TSXV: ILC), in which TNR holds a 14.1% equity interest after convertible debentures and warrants are exercised and a 1.8% net smelter royalty (NSR) on the Mariana brine project in Argentina. The key to this project is the involvement of joint venture partner Ganfeng Lithium Co., one of China’s largest processors of the material.
But the investment that could return really big bucks is another NSR that TNR holds in the Los Azules copper project in Argentina, currently being developed by former Goldcorp founder Rob McEwen. TNR holds a 0.36% NSR royalty on the project, which could return $35 billion over a 35-year mine life. A looming copper crunch as the market could move into structural deficit by 2020 means that major mining companies are hungry to pounce on attractive projects being developed by juniors. A preliminary economic assessment shows that Los Azules could deliver 415 million pounds (188,241 metric tons) of copper production a year for the first ten years of mine life with cash costs of $1.11 a pound, according to TNR.
“Investors are putting a larger discount on our cash flow because people do not expect that McEwen Mining will put this project into production,” Klip said. “All majors are looking for a good copper project and there is more and more interest.”
Despite higher prices, other externalities have evolved in favor Los Azules. Investors have returned to Argentina thanks to the reformist policies of Mauricio Macri, who was elected president in 2015 following a decade of rule by protectionist policies by Cristina Fernandez and her predecessor and husband, Nestor Kirchner. Macri’s government fared well during key mid-term elections last October, providing investors with greater optimism that he will be elected to a second term next year. The Argentine government recently signed a bilateral agreement with Chile, a key milestone for Los Azules which straddles the border of both countries.
The third major component in TNR’s portfolio is the Shotgun gold project, located close to NovaGold and Barrick Gold’s Donlin project in Alaska. Early resource numbers suggest the project holds 20.7 million tons of ore with an average gold grade of 1.06 grams a ton, with a 0.5 g/t cut-off grade. Barrick and NovaGold’s project obtained a key environmental approval from the U.S. Army Corps of Engineers in April, indicating the government of Donald Trump is more amenable to mining in Alaska. Once again, external factors are moving in TNR Gold’s favor.
Klip’s next step with Shotgun is to find an exploration partner of the same caliber as McEwen. One of TNR’s board members, Greg Johnson, founded NovaGold and was instrumental in the discovery of Donlin. He is entrusted with the task of finding that partner, Klip said. Don’t bet against TNR repeating the success it has had so far in ILC and Los Azules."

Please Note that TNR Gold Qualified Person - as it is defined by NI 43-101, was NOT able to Verify and Confirm Any Provided Information by The Third Parties in the Articles, News Releases or on the Links embedded in this post; you must NOT rely in any sense on any of this information in order to make any Resource or Value Calculation, or attribute any particular Value or Price Target to any Discussed Securities.







Bloomberg:


"China’s top producer of lithium, a metal used in electric-vehicle batteries, said it’s agreed a deal with Tesla Inc. to supply a fifth of its production to the vehicle maker, highlighting the push for supply pacts. 
Tesla will designate its battery suppliers to buy lithium-hydroxide products from Ganfeng Lithium Co. and its unit, the Jiangxi-based company said in a filing to the Shenzhen exchange on Friday. The agreement runs from 2018 to 2020 and could be extended by three years, Ganfeng said. Its shares jumped. 
Electric-vehicle producers including Elon Musk’s Tesla are pushing to secure supplies of lithium for batteries as investors and mining companies gauge the potential for growth in the industry. Still, the burgeoning market has been roiled in 2018 by price declines, and forecasts from some banks that a wave of new mining projects will outpace demand growth."

Monday, 17 September 2018

Can FinTech Capital And Blockchain Technology Power Tesla Energy rEVolution? John Davies TNR Gold: Knowledge Of Great Innovations Within Industry And Consumer Products That Directly Influence Mining.



"The first priority of any business is and always will be to create maximal value for long term shareholders. This is of course a broad notion and more appropriately is the net result of a proper strategy that understands market trends, consumer demand and how each aligns with your product development.  
At TNR Gold we possess ‘that’ strategy, a winning strategy that sees the long term and the vast possibilities ahead with the remarkable growth phases coming in the ‘EV’ and ‘green energy’ revolution. Any potential retracement in the commodity cycle provides tremendous investment opportunities. 
We are well positioned with our projects for such scenario and will continue to search globally for potential acquisitions that meet our high standards and ultimately satisfy our first goal. 
To do so, we at TNR Gold will ensure innovation is at our core. Knowledge of great innovations within industry and consumer products that directly influence mining, great innovations within mining itself and of course, innovation in capital financing. 
In the coming months you will hear more from TNR Gold of our innovations in the area of capital financing, how we place a priority upon creating maximal shareholder value and how investors can participate in a company that understands the enormous benefits that the ‘green energy revolution’ provides society as a whole for generations to come. 
TNR Gold, the company that goes beyond the Balance Sheet. We build.
         JKD" 





LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

Building A Green Energy Metals Royalty Company: Can Blockchain Technology Bring Direct Route To Capital “Beyond The Balance Sheet”?





InvestorIntel:

TNR Gold Fine Tuning Royalty Model For Green Energy Metals.






 | MAY 08, 2018 |


Renowned mining investor Frank Holmes has spoken out about his fondness of mining royalty companies.
In terms of value proposition, they outperform mining equities and serve the important role of connecting exploration plays with financiers during lean bear markets, he says.
Kirill Klip, CEO and President of TNR Gold Corp. (TSXV: TNR), fell into this business model when he bought shares in gold mining royalty company Royal Gold for about $5 each, back when gold traded at $300 an ounce (it hasn’t traded in the $300s since 2003). He cashed out of that investment at over $70 a share and has been hooked on the royalty model ever since, where royalty proceeds funnel into new opportunities, he told InvestorIntel.
Klip says his version of a royalty company is slanted towards metals with high exposure to usage in electrical vehicles – lithium, copper, and even gold. His most mature investment to date is a position in International Lithium Corp. (TSXV: ILC), in which TNR holds a 14.1% equity interest after convertible debentures and warrants are exercised and a 1.8% net smelter royalty (NSR) on the Mariana brine project in Argentina. The key to this project is the involvement of joint venture partner Ganfeng Lithium Co., one of China’s largest processors of the material.
But the investment that could return really big bucks is another NSR that TNR holds in the Los Azules copper project in Argentina, currently being developed by former Goldcorp founder Rob McEwen. TNR holds a 0.36% NSR royalty on the project, which could return $35 billion over a 35-year mine life. A looming copper crunch as the market could move into structural deficit by 2020 means that major mining companies are hungry to pounce on attractive projects being developed by juniors. A preliminary economic assessment shows that Los Azules could deliver 415 million pounds (188,241 metric tons) of copper production a year for the first ten years of mine life with cash costs of $1.11 a pound, according to TNR.
“Investors are putting a larger discount on our cash flow because people do not expect that McEwen Mining will put this project into production,” Klip said. “All majors are looking for a good copper project and there is more and more interest.”
Despite higher prices, other externalities have evolved in favor Los Azules. Investors have returned to Argentina thanks to the reformist policies of Mauricio Macri, who was elected president in 2015 following a decade of rule by protectionist policies by Cristina Fernandez and her predecessor and husband, Nestor Kirchner. Macri’s government fared well during key mid-term elections last October, providing investors with greater optimism that he will be elected to a second term next year. The Argentine government recently signed a bilateral agreement with Chile, a key milestone for Los Azules which straddles the border of both countries.
The third major component in TNR’s portfolio is the Shotgun gold project, located close to NovaGold and Barrick Gold’s Donlin project in Alaska. Early resource numbers suggest the project holds 20.7 million tons of ore with an average gold grade of 1.06 grams a ton, with a 0.5 g/t cut-off grade. Barrick and NovaGold’s project obtained a key environmental approval from the U.S. Army Corps of Engineers in April, indicating the government of Donald Trump is more amenable to mining in Alaska. Once again, external factors are moving in TNR Gold’s favor.
Klip’s next step with Shotgun is to find an exploration partner of the same caliber as McEwen. One of TNR’s board members, Greg Johnson, founded NovaGold and was instrumental in the discovery of Donlin. He is entrusted with the task of finding that partner, Klip said. Don’t bet against TNR repeating the success it has had so far in ILC and Los Azules."

Please Note that TNR Gold Qualified Person - as it is defined by NI 43-101, was NOT able to Verify and Confirm Any Provided Information by The Third Parties in the Articles, News Releases or on the Links embedded in this post; you must NOT rely in any sense on any of this information in order to make any Resource or Value Calculation, or attribute any particular Value or Price Target to any Discussed Securities.





Sunday, 16 September 2018

Gold And Commodities In The Debt Cycle: Ray Dalio - "US Dollar Can Easily Depreciate 30% During The Next Debt Crisis".



Is it only me? Why is it so difficult to buy assets at the bottom and so easy to chase bubbles and running away stocks in a friendly herd rushing to the slaughterhouse? Ray Dalio gives the answer: if you have to actively manage your money go against your instincts: "buy when there is a blood on the streets and sell when times are good". 



Nothing is new here - it all sounds very familiar, but the execution is making all the difference as usual. These simple investment principles have made fortunes and lack of emotional discipline has separated millions of brave investors and their money. This is a human nature to do exactly the opposite: selling at the bottom and buying at the top.




We have a lot of signals pointing to the higher prices of Gold and Commodities these days. Ray Dalio is talking about the most significant catalyst among all of them in his new book: "A Template For Understanding Big Debt Crises". "US Dollar Can Easily Depreciate 30% During The Next Debt Crisis" - this warning from the man who is managing the world largest hedge fund is coming as very sobering. And a time frame for this next debt crisis is very close - "next couple of years" according to Ray Dalio.


Only the future will tell whether he is right that "a feeling is not the indication of the future".  The book is free and everybody can have it and it is definitely worth to study the templates of 48 crises described in his study. Otherwise, it can be such a pity that we all had the warning but still could not do anything and escape the herd's destiny getting closer and closer to the slaughterhouse.





TNR Gold's Shotgun Project: Mining M&A - NovaGold’s Laser-focused Strategy Of Unlocking The Value Of Donlin Gold In Alaska After Newmont Buys Out Share Of Galore Creek.



This is why I am calling TNR Gold's Shotgun Gold project location in Alaska "Gold in Alaskan Elephant Country":

“This transaction is a win-win for all parties,” said Thomas Kaplan, NovaGold’s chairman. “For NovaGold’s shareholders, it is the continuation of a laser-focused strategy of unlocking the value of its assets and transforming the company into a pure play on Donlin gold, which we believe is the most important gold development story in the industry.”





Now Nova Gold has more capital to advance Donlin Gold and Alaska is getting back into mining business with the new wave of M&A activity in mining. The driving force for the next wave of consolidation in mining will be the lack of available exploration capital for the mining juniors due to the down cycle in the Gold market and smaller and smaller returns on the invested capital with the exploration in the green fields. 





To put it simply: it is harder and harder to find the promising projects with the initial confirmed resource, blue sky exploration potential, and stable mining jurisdiction to capitalize on the major gold discovery. I believe, that TNR Gold's Shotgun project is well placed in this part of the cycle in order to attract the major strategic partner for its development.




InvestorIntel: TNR Gold Fine Tuning Royalty Model For Green Energy Metals.


"The third major component in TNR’s portfolio is the Shotgun gold project, located close to NovaGold and Barrick Gold’s Donlin project in Alaska. Early resource numbers suggest the project holds 20.7 million tons of ore with an average gold grade of 1.06 grams a ton, with a 0.5 g/t cut-off grade. Barrick and NovaGold’s project obtained a key environmental approval from the U.S. Army Corps of Engineers in April, indicating the government of Donald Trump is more amenable to mining in Alaska. Once again, external factors are moving in TNR Gold’s favor. 
Klip’s next step with Shotgun is to find an exploration partner of the same caliber as McEwen. One of TNR’s board members, Greg Johnson, founded NovaGold and was instrumental in the discovery of Donlin. He is entrusted with the task of finding that partner, Klip said. Don’t bet against TNR repeating the success it has had so far in ILC and Los Azules."



Alaska is coming back in play as the best jurisdiction for the elephant style Gold deposits on the American soil. Barrick and Nova Gold are moving forward the giant Donlin Gold deposit and now the whole region play will bring the reevaluation for all players involved. 




LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.



Thursday, 13 September 2018

Building A Green Energy Metals Royalty Company: Can Blockchain Technology Bring Direct Route To Capital “Beyond The Balance Sheet”?



Building A Green Energy Metals Royalty Company: Can Blockchain Technology Bring Direct Route To Capital “Beyond The Balance Sheet”?

"The efficient movement of capital is central to economic theory and development but like many classic notions was cultivated in a world lacking the technological advances of today, and thus slowed by barriers. These barriers are a form of a bottleneck to innovation, and restrict regional economic and societal advancement, as capital, despite the best of intentions, is funnelled in yesteryear’s approach in a slow and typically costly exercise. 

Amongst the many benefits of financing via cryptocurrency is the efficient movement of global capital, that not only strips away barriers to entry, one of the great concerns of economic development, but funnels funds in the most direct manner possible to its intended topic with the least possible administrative expense. This direct route to capital goes ‘beyond the Balance Sheet’ and not only helps fuel innovation but will furthermore spur economic development in every corner of the world. 

At TNR Gold, innovation is at our core and we will constantly strive to innovate, lead industry, better our communities and advance our shareholders equity. 

Our efforts within the ‘green energy revolution’ wish to not only reward investors with extraordinary assets in the mining community but mining assets that provide enormous benefits to society as whole for generations to come with a healthier and more robust climate. This innovation extends to the possibility of financing via cryptocurrency where investment funds from investors worldwide can be more directly invested into our trustworthy projects, reducing layers of expenses on all sides of the equation.  
TNR Gold not only places a priority of shareholders return on investment but being a company that goes beyond the Balance Sheet. We build."


LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.




Tesla Energy rEVolution And FinTech: How Blockchain Will Transform The Mining And Metals Industry.





We are discussing here the Tesla Energy rEVolution and the importance of mining and security of supply chains in order to make this transition to the Post Carbon Economy happen. Access to the advanced materials and Green Energy Metals are at the very base of the new distributed energy generation systems with smart grids which will power our future. The dramatic decrease in cost for Solar and Wind power generation is making it possible. Cheaper lithium batteries change everything. Now we can produce energy, store it and consume when we need it. Unbelievable performance of Tesla's electric cars clearly demonstrates the success in advancing of this technology.




Despite all incredible progress with the technology, which we are all enjoying at this moment, the very base of this leap into the future is still hardly revolutionized. Metals which are making all our gadgets tick are still at the mercy of the old multi-year long mining cycle. Extraction technology has improved, exploration is using more and more advanced methods, but still, you can hardly find really tectonic shifts which can break the cycle which is taking too long for the appetite of the modern investors. Maybe urban mining will become that thing when your exploration can be literally on the streets and the best extraction technology will define the success.




The other integral parts of the mining cycle: exploration and development of the new mining projects are literally in the free fall meaning that we are witnessing the very significant decrease in the amount of capital available for this activity and an even larger decrease in the number of the new projects being developed into the production stage.

Junior miners have been thriving for decades in this very important part of the mining cycle, but now financing flow available for this activity has dried up. Years of low commodities' prices, fear, uncertainty and doubt have pushed investors away from the junior mining sector. The demographic situation is not helping as well, Gold Bugs are facing extinction and millennials are chasing crypto bubbles.




There will be EToys and AtHomes of the crypto haze with found and lost fortunes along the way: there are more than 800 cryptocurrencies which are dead already. But if Internet Revolution can provide us with any guidance the core technologies like Blockchain will stay. This sector has attracted and developed already a very significant pool of capital chasing the dreams.

All this situation can provide one of the best "Time Arbitrage" opportunities, as Mark Yusko - Bear Creek Capital CEO - likes to talk about some of the investment ideas on his feed. Recent bloodbath in commodities was the result of the hotheads making even hotter headlines. Trade Wars come and go and unless there will be a total collapse of the financial system, critical commodities like copper will enjoy much higher prices. Actually, we can have now one of the best entry points in our sector now.




Price shocks are imminent and will be followed by the much higher prices for the Green Energy Metals. We have too mega trends colliding: The Switch to Clean Energy which will demand more and more energy metals like copper and production deficit which will be increasing every year with diminishing reserves and going down head grade. Resource nationalism will only exaggerate this looming supply deficit.




Our ability to cross this "digital divide" and connect capital chasing crypto bubbles with solid values provided by mining industry can determine the geopolitical future for many sectors of the evolving technologies like Solar, Wind, Energy Storage and Electric Cars. The alternative will be the Oligopolies controlling the supply of the critical commodities created by States and Sovereign funds backed by those states.




John Davies and I have started this conversation, which I would like to share with you today. The article below by Max Weiland provides some general ideas for integrating blockchain technology into the mining industry. I am personally very excited to explore these new opportunities which we can bring to our GEM Royalty TNR Gold. We would like to go further and find the way to engineer products which will be connecting capital allocated for FinTech sector and solid values provided by our potential Royalty cash flow streams in the future.  This will be the ultimate "Time Arbitrage". We are open to all new ideas and partnerships. Please step in and share your ideas - you know where to find us.





Tesla Energy rEVolution Chronicles: John Davies - "Said Simply, In The Long Game Copper Is Gold."



"In the long game, ‘copper is gold’ as the demand for the base metal will suffer significant supply deficit due the demands of the ‘EV revolution’, related battery storage sector, the continued growth of ‘green energy’ and global infrastructure demands. This deficit is due in part to the lack of high quality copper readily available and the simple realisation there has not been sufficient investment in new projects in recent years.   
The present price retracement of copper, as well as the entire base metal sector, only exacerbates the concern, as the development of more speculative and or early projects will be jeopardised and thus create further fundamental strength going forward.   
Said simply, in the long game copper is gold."    
John K. Davies TNR Gold, Special Advisor to the Board



LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.