Transforming a 100-year-old gold mine

Dear Reader,

Have you heard of Ramelius Resources?

Back in 2014, Ramelius brought one of Australia’s oldest gold mines back to life — Mount Magnet.

Discovered in 1891, Mount Magnet ultimately pumped out 158 tonnes of gold over 116 years. Then, in 2007, its former owners abandoned it.

They thought all the productive gold had been mined, but a few years later, Ramelius swooped in and began to transform the mine.

Over the next decade they would reclaim 39 tonnes of abandoned gold.

This revival effort helped catapult their market cap from $50 million to $2.7 billion…

And sent their stock price up almost 2,000% over six years....

Now, a similar pattern is playing out in this stock I’m recommending…

Like Ramelius, these guys have purchased an abandoned mine with almost a century-long history of producing gold — a massive 170 tonnes of the stuff…

And like Ramelius a decade ago, their market cap is a fraction of where it could be in the future.

But not for long…

They’re about to plough $100 million back into the mine, which could see their gold output triple…

I don’t think it’ll be long before more Aussie investors target this miner.

Could it run up as high as Ramelius in the years to come?

There are no guarantees in investing, and mining stocks do carry high risks…but it’s certainly possible.

My advice is to — at least — get clued up on this stock right away, so you can make an educated decision…

Get the full details of this stock here.

Regards,

James Cooper,
Editor, Fat Tail Daily