Gold In The USA, The Alaskan Elephant Country: TNR Gold Shotgun Gold Project Presentation.

"The Company's strategy with the Shotgun Gold Project is to attract a partnership with one of the major gold mining companies. TNR Gold ("TNR") is actively introducing the project to interested parties," commented Kirill Klip, Executive Chairman of TNR. "We may be at the beginning of a great discovery. There is a clear path on how to move this project forward using the geological and geophysical research currently available to target drilling to expand the resource and form the basis of a preliminary economic analysis. The next step is to acquire a partner that shares our vision and recognizes the growth potential and value to be added to the Shotgun project over time."

TNR Gold Shotgun Project Presentation from Kirill Klip

Please visit the TNR Gold website for all updated presentations.

Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 

Do Your Own Research.

Gold In The USA, The Alaskan Elephant Country: M&A Deals Are Driving Up The Valuation Of Gold In The Ground.

Finally, the industry is recovering and M&A deals are driving gold valuation in the ground. Years of deep cuts in the exploration budgets have left gold majors with dramatically decreasing mining reserves. McKinsey calls it "Gold Mining Reserves Crisis".

Now the most forward-looking companies are exploring for gold on the exchanges where reserves can be bought still cheaper and, what is more important, with more certainty than exploring for new gold discoveries in the ground. But the time of tax-loss selling and Christmas sales are over. The coming liquidity tide is lifting the boats and today I would like to look at the latest available charts and the valuation trends for gold oz in the ground.

"We have been talking about these megatrends, tectonic shifts in our society and signs for years, now it is finally happening. Talk is cheap, the money will tell all the story when they will take the position and only after that you will start hearing about "the next unbelievable opportunity". You know, what I am talking about here - I will provide the road maps and a lot of charts, as usual, but you will have to Do Your Own Research and pick up the winners. I know mine."

News about Electrum Group partnering in the new venture with gold mining legends Rob McEwen and Eric Sprott for exploration in Alaska will ignite the new wave of interest to the juniors operating in Alaska. Alaska jumped to the 5th place among safe mining jurisdictions and giant 39 Moz Donlin Gold project is getting more and more attention. Electrum Group is the major shareholder of Nova Gold which is developing Donlin Gold in JV with Barrick Gold.

With gold prices reaching new highs this year mining analysts are applying higher metrics to value "gold in the ground" when comparing juniors and their projects. Nova Gold was trading as high as $2.4B reflecting its 50% stake in Donlin Gold. It gives more than $120 valuation per oz in the ground. All projects are different, but previous Gold Bull market valuations started at $20 per oz of the inferred resources - the very initial level of resources. Now, these charts from AuCu Consulting are showing different Averages starting from $42/oz for different stages of resource definition for Exploration Companies. 

New mining deals will give us a better sense of the valuations. Eric Sprott and Rob McEwen will make sure that Alaska is shining bright on the radars of investors now. Increased gold prices are making the great state of Alaska as one of the most attractive in the industry: "leverage in the place where you can keep the rewards".And their own gold price projections can bring real fireworks to the exploration opportunities. As always do your own research and you will have to pick up the winners.

As we discussed before, the industry is facing "Gold Mining Reserves Crisis". The 1970s and 1980s were the golden years for gold exploration. "There was at least one 50 MOZ Au discovery each decade and at least ten 30 MOZ Au discoveries. From 2000 industry failed to find any 50 MOZ Au deposits or any 30 MOZ Au deposits." M&A deals are only redistributing the already well-known resources, the industry needs new major discoveries, but giants like Donlin Gold are only a few and far between. 

M&A deals are driving up gold in the ground valuations already and experts are forecasting the further consolidation in the industry. TNR Gold is developing Shotgun Gold project in the Alaskan Elephant country near the giant Donlin Gold project and is looking for a strategic partner to grow together. You can find more information about our Company on the links below.

Building The Green Energy Metals Royalty And Gold Company: Powered by Gold and Energy rEVolution - TNR Gold Investor Presentation.

I would like to wish you a very healthy and prosperous New Year 2020! Finally, a lot of stars are aligned to bring the wind into our sails and guide us in the open seas towards the realising shareholders' value for all our devoted followers here. 

TNR Gold Investor Presentation from Kirill Klip

Please visit the TNR Gold website for all updated presentations.

Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 

Do Your Own Research.

"TNR Gold Corp. is working to become the green energy metals royalty and gold company.

Over the past twenty-four years, TNR, through its lead generator business model, has been successful in generating high-quality exploration projects around the globe. With the Company’s expertise, resources and industry network, it identified the potential of the Los Azules copper project in Argentina and now holds a 0.36% NSR Royalty on the entire project, which is being developed by McEwen Mining Inc.

In 2009, TNR Gold founded International Lithium Corp. (“ILC”), a green energy metals company that was made public company through the spin-out of TNR’s energy metals portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada.

TNR retains a 1.8% NSR Royalty on the Mariana Lithium property in Argentina. ILC has a right to repurchase 1.0% of the NSR Royalty on the Mariana Lithium property of which 0.9% relates to the Company’s NSR interest. The Company would receive $900,000 on the execution of the repurchase. The project is currently being advanced in a joint venture between ILC and Ganfeng Lithium International Co. Ltd.

TNR provides significant exposure to gold through its 90% holding in the Shotgun Gold porphyry project in Alaska. The project is located in Southwestern Alaska near the Donlin Gold project, which is being developed by Barrick Gold and Novagold Resources Inc.

The Company’s strategy with the Shotgun Gold Project is to attract a joint venture partnership with one of the gold major mining companies.  The Company is actively introducing the project to interested parties.

At its core, TNR provides significant exposure to gold, copper and lithium through its holdings in Alaska (the Shotgun gold porphyry project) and Argentina, and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value."

Powered By rEVolution: TNR Gold Los Azules Copper Royalty Holding With McEwen Mining - 4 Copper Projects To Boost San Juan’s Economy With Potential To Generate $129B In Export.

Chart by @graddhybcp

Gold is challenging Summer 2019 high and M&A activity is driving more interest to our Shotgun Gold project. Billionaires are competing with Central Banks who are frontrunning investors by buying gold. Most retail investors will be left studying the road maps we are talking about here in the history books but unable to start the journey and take the action when it is appropriate. Only you can make your own journey to your own destination. 

Gold In The USA, The Alaskan Elephant Country: M&A Deals Are Driving Up The Valuation Of Gold In The Ground.

Finally, the industry is recovering and M&A deals are driving gold valuation in the ground. Years of deep cuts in the exploration budgets have left gold majors with dramatically decreasing mining reserves. McKinsey calls it "Gold Mining Reserves Crisis".

Let's Make Batteries Not Guns. Powered By Energy rEVolution: Ganfeng Lithium Goes Vertical - China Will Not Cut All Subsidies For Electric Cars After All.

Let's make batteries not guns. This could be another hit from The Beatles these days.

But when you look at lithium junior miners today you can miss all the electric buzz and excitement which is happening with the electrification of what is left out of Auto Industry. Energy rEVolution Companies like Tesla are growing up vertically and becoming the largest companies providing sustainable mobility solutions while leaving legacy automakers literally in the cancer hazard dust left behind. 

Let's Make Batteries Not Guns. Powered By Energy rEVolution: Ganfeng Lithium Goes Vertical - China Will Not Cut All Subsidies For Electric Cars After All.

Let's make batteries not guns. This could be another hit from The Beatles these days.

But when you look at lithium junior miners today you can miss all the electric buzz and excitement which is happening with the electrification of what is left out of Auto Industry. Energy rEVolution Companies like Tesla are growing up vertically and becoming the largest companies providing sustainable mobility solutions while leaving legacy automakers literally in the cancer hazard dust left behind. 

The disconnect between this beautiful promising picture and fate of lithium juniors who are supposed to feed the Energy rEVolution is the most dramatic we have ever seen. Those of them who survived are still struggling to properly articulate their near-death experience. 

It is very difficult to recognise that this ongoing massacre with the enormous destruction of shareholders value can provide another generational opportunity to plug in your portfolio into the Energy rEVolution. Lithium will power us for the next 50 years and after that robots, but who can cross this desert to the beautiful oasis on the horizon? Only the strongest will survive and they are getting stronger. Giants like Ganfeng Lithium are getting control of all the best projects they can now.

It is very difficult to predict the future, actually, nobody knows it unless you are coming back, like Elon Musk. Now it is happening here: The Switch is ON - electric cars are taking the world over. Super stupid arguments about electric cars which are polluting more than the ICE ones are finally recognised by the crowd as they are - stupid. I stopped commenting on it. There is no need anymore. The ICE Age is over. Millions of people are voting with their wallets by buying the best cars which just happen to be electric. 

Some news is travelling faster for some people than for others. While Elon Musk was dancing and serving Tesla shorts roasted, Ganfeng Lithium decided to go verticle and doubled its share price from September. Now we know more: China will not cut all NEV subsidies after all, as was never really the case. 

As we have discussed, China is playing the long term game here and leapfrogging into the Post Carbon Economy directly jumping over the hundreds of billions of dollars becoming stranded assets and silent monuments to the "Clean DIEsel" and "Not So Dirty Gas" in the West. 

The smart asymmetric "Art of War" approach has been applied to the "Art of the Deal" many years ago with the New Energy Plan in China. Subsidies were cut for the old, inefficient transitional EV technologies like hybrids and inefficient batteries with low energy density. China is stimulating the acquisition of the best technology for electric cars. 

Now Tesla Gigafactory 3 is producing thousands of Tesla Model 3 and started the first production of Model Y in the world. The transfer of the best EV technology is unavoidable. Giants like Ganfeng Lithium are closing the power circuit by taking control of the supply lines for the 21st century. Ganfeng Lithium already signed deals to supply directly Tesla, Volkswagen and BMW. They are working on their own solid lithium battery technology as well.

As we have discussed, the lithium market and juniors involved are so much hated now that it deserves a second look for all contrarians at heart. As always, do your own research and you will have to pick up the winners. You can find my posts on the links which can help you.

Lithium technology will power electric cars for years to come, but who can cross the desert now, when juniors are starving for capital and even majors are struggling with direction during the short term "glut of lithium" in China? Who will deliver 1M tonnes of lithium LCE per year starting in 2025? Who can afford to raise the needed capital and make this jump in the expansion of production facilities from 320,000 tonnes of LCE in 2018? I think that it will be safe to say that top lithium names will be the answer. Companies like a giant from China Ganfeng Lithium already have supply agreements with Tesla, BMW and Volkswagen. They have the staying power not only to survive lower lithium prices but further consolidate the market, as we have been discussing before.

Ganfeng Lithium continues its commitment to Argentina and has celebrated the closing of its $160M additional investment into Lithium Americas JV in September. TNR Gold holds NSR Royalty on Mariana Lithium project which is being developed by JV with Ganfeng Lithium as the operator and does not have to contribute any capital for the development. Ganfeng is expecting pre-feasibility and feasibility studies to be completed this year. Below you can find more information for your research.

Let's make batteries not guns. Check your portfolios, Ladies and Gentlemen, are you ready to embrace Energy rEVolution in style?

Building The Green Energy Metals Royalty Company: TNR Gold Reports On Mariana Lithium Royalty Holding - Giant From China Ganfeng Lithium Advances The Project In Argentina.

(From the published in March 2019, Ganfeng Lithium's 2018 Audited Annual Report.)

As always, all readers must read carefully all disclaimers, do their own due diligence and study audited reports of all companies involved in Mariana Lithium project in their entirety. Now we can discuss what we know from the published Ganfeng Lithium's 2018 Audited Annual Report in March 2019, that Ganfeng is expecting pre-feasibility and feasibility study of Mariana Lithium project to be completed in 2019. And ILC has announced in its Audited 2018 FS which was published on April 30, 2019, that Ganfeng decided to propose a budget for Mariana Lithium Project of $10 million dollars for the first 6 months of 2019. Earlier this year Ganfeng has invested an additional $160 million dollars in the Lithium Americas in order to advance their Cauchari-Olaroz lithium brine projects in Argentina. The development of Mariana Lithium Project in Salta can benefit from all R&D and learning curve of Ganfeng's development with Lithium Americas in Argentina and, hopefully, avoid the costly mistakes of other lithium brine operators.

(From the published on April 30, 2019, ILC's Audited 2018 FS.)

Lithium Will Power Us For The Next 50 Years And Then Robots: Kirill Klip GEM Royalty TNR Gold Lithium Presentation October 2019.

"Kirill Klip, Executive Chairman of the Company commented, "We are very pleased to see that Ganfeng Lithium is advancing the Mariana Lithium project in Argentina towards further pre-feasibility studies. The Mariana Lithium preliminary economic assessment ("PEA"), as announced in our news release of January 28, 2019, was the first PEA on the project that provided a potential value for the total NSR Royalty from Mariana's life of mine cashflow. TNR Gold does not have to contribute any capital for development of Mariana Lithium and our NSR Royalty does not depend on the size of ILC's share in Mariana Lithium. The 1.8% Mariana NSR Royalty is an important part of TNR Gold's portfolio. The essence of our business model is to have industry leaders like Ganfeng Lithium as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders."

Kirill Klip GEM Royalty TNR Gold Lithium Presentation October 2019 from Kirill Klip

Please visit TNR Gold website for all updated presentations.

Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. Do Your Own Research.

Reuters:

China says no significant cut in new energy vehicle subsidies in 2020

"BEIJING/SHANGHAI (Reuters) - China will not make significant cuts to subsidies for new energy vehicles (NEV) this year, signalling that its policy will remain relatively stable, state media quoted the country’s industry ministry as saying on Saturday.

Earlier, Miao Wei, China’s minister for industry and information technology (MIIT), told a forum that the country would not cut subsidies for new energy vehicles (NEV) again in July, an approach which was cheered by vehicle makers. 

The government-backed Beijing News said an MIIT representative, in response to Miao’s statement, said that “this year’s NEV subsidy policy will remain relatively stable and there will not be significant cuts”. 

Beijing has been slowly rolling back a generous 5-year subsidy programme for NEVs, which began in 2016, saying it plans to phase out subsidies after 2020, amid criticism that some firms have become overly reliant on the funds. 

China’s monthly NEV sales dropped for the first time in two years in July as the subsidy cuts reached a new level, and have continued falling since. 

“There was a subsidy cut on July 1 last year and everyone has been concerned about whether we will see more cuts this year,” Miao told the EV100 annual gathering of senior auto industry executives in Beijing. 

“Today I can tell everyone, we will not cut it in July this year.” 

Miao’s speech was the “best news”, He Xiaopeng, chief executive of EV startup XPeng Motors, told Reuters, adding that policy stability was crucial to the industry. 

Miao also said NEV sales hit 163,000 units in December and full-year sales stood at 1.2 million NEVs, a drop from 1.3 million in 2018. 

The China Association of Automobile Manufacturers will announce 2019 full-year sales figures on Monday. Last month, it said that NEV sales from January to November hit 1.04 million. 

Automakers who stand to benefit include Tesla (TSLA.O), which started making deliveries from its $2-billion Shanghai plant this month and secured NEV subsidies in December, Warren Buffett-backed Chinese electric car maker BYD (002594.SZ) as well as aspiring Tesla-challenger Nio Inc (NIO.N)."

Gold In The USA, The Alaskan Elephant Country: M&A Deals Are Driving Up The Valuation Of Gold In The Ground.

Finally, the industry is recovering and M&A deals are driving gold valuation in the ground. Years of deep cuts in the exploration budgets have left gold majors with dramatically decreasing mining reserves. McKinsey calls it "Gold Mining Reserves Crisis".

Now the most forward-looking companies are exploring for gold on the exchanges where reserves can be bought still cheaper and, what is more important, with more certainty than exploring for new gold discoveries in the ground. But the time of tax-loss selling and Christmas sales are over. The coming liquidity tide is lifting the boats and today I would like to look at the latest available charts and the valuation trends for gold oz in the ground.

"We have been talking about these megatrends, tectonic shifts in our society and signs for years, now it is finally happening. Talk is cheap, the money will tell all the story when they will take the position and only after that you will start hearing about "the next unbelievable opportunity". You know, what I am talking about here - I will provide the road maps and a lot of charts, as usual, but you will have to Do Your Own Research and pick up the winners. I know mine."

News about Electrum Group partnering in the new venture with gold mining legends Rob McEwen and Eric Sprott for exploration in Alaska will ignite the new wave of interest to the juniors operating in Alaska. Alaska jumped to the 5th place among safe mining jurisdictions and giant 39 Moz Donlin Gold project is getting more and more attention. Electrum Group is the major shareholder of Nova Gold which is developing Donlin Gold in JV with Barrick Gold.

With gold prices reaching new highs this year mining analysts are applying higher metrics to value "gold in the ground" when comparing juniors and their projects. Nova Gold was trading as high as $2.4B reflecting its 50% stake in Donlin Gold. It gives more than $120 valuation per oz in the ground. All projects are different, but previous Gold Bull market valuations started at $20 per oz of the inferred resources - the very initial level of resources. Now, these charts from AuCu Consulting are showing different Averages starting from $42/oz for different stages of resource definition for Exploration Companies. 

New mining deals will give us a better sense of the valuations. Eric Sprott and Rob McEwen will make sure that Alaska is shining bright on the radars of investors now. Increased gold prices are making the great state of Alaska as one of the most attractive in the industry: "leverage in the place where you can keep the rewards". And their own gold price projections can bring real fireworks to the exploration opportunities. As always do your own research and you will have to pick up the winners.

As we discussed before, the industry is facing "Gold Mining Reserves Crisis". The 1970s and 1980s were the golden years for gold exploration. "There was at least one 50 MOZ Au discovery each decade and at least ten 30 MOZ Au discoveries. From 2000 industry failed to find any 50 MOZ Au deposits or any 30 MOZ Au deposits." M&A deals are only redistributing the already well-known resources, the industry needs new major discoveries, but giants like Donlin Gold are only a few and far between. 

M&A deals are driving up gold in the ground valuations already and experts are forecasting the further consolidation in the industry. TNR Gold is developing Shotgun Gold project in the Alaskan Elephant country near the giant Donlin Gold project and is looking for a strategic partner to grow together. You can find more information about our Company on the links below.

Gold In The Alaskan Elephant Country: Kirill Klip GEM Royalty TNR Gold Presentation November 2019.

"The Company's strategy with the Shotgun Gold Project is to attract a partnership with one of the major gold mining companies. TNR Gold ("TNR") is actively introducing the project to interested parties," commented Kirill Klip, Executive Chairman of TNR. "We may be at the beginning of a great discovery. There is a clear path on how to move this project forward using the geological and geophysical research currently available to target drilling to expand the resource and form the basis of a preliminary economic analysis. The next step is to acquire a partner that shares our vision and recognizes the growth potential and value to be added to the Shotgun project over time."

Kirill Klip GEM Royalty TNR Gold Presentation November 2019 from Kirill Klip

Please visit TNR Gold website for all updated presentations.

Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. Do Your Own Research.