| Dear Reader, You might be aware of gold’s quite resurgence. It powered into 2023. Then it’s had a bit of retracement. If you believe gold’s going to be swept up in this wider commodities upsurge in the next few years…which explorers and early producers might benefit? I took an exploration contract with gold major Northern Star a few years after they’d bought up Barrick Gold’s Australian assets for a fire-sale price. Generally, the big players aren’t my cup of tea. But I learnt some valuable insights on the ground exploring in the goldfields area surrounding Kalgoorlie. In early 2021, I moved back to my comfort zone and took a job with Dacian as the Senior Exploration Geologist in charge of the company’s regional projects. Dacian was a gold producer, but gold wasn’t the only commodity we focused on. Nickel, copper, and Rare Earth Elements (REEs) were also targets in the mineral rich grounds surrounding the small Western Australian township of Leonora, around a four hours’ drive north of Kalgoorlie. When it comes to gold, though, and which stocks to buy to leverage gold’s resurgence…you need to be really picky right now. I have selected just one. It’s a prime example of the quiet ‘decoupling’ from the rest of the market that some of these stocks are undergoing. It’s steadily moved up in the last year as swathes of other stocks have sold off. But in my opinion...it’s still MASSIVELY underpriced. It’s WA-based, with projects from the Pilbara to just north of Perth. It has a former CEO of a HUGE player that’s just come on to run the show. I would say if you’re going to buy just ONE stock on the ASX this year that leverages further up-moves in gold, you should make it THIS one. Find out more here. Regards, James Cooper,
Editor, Diggers and Drillers | 