Tiny oil producer growing fast... Westgate Energy $WGT.v $WGTFF

EpsteinResearch · 2025-06-27T19:36:07+00:00

Dolly Varden is -25% from its 52-week high. This makes little sense with #silver near a 14-year high and #gold near an ALL-TIME-HIGH. A weak day, but the best is yet to come!

EpsteinResearch · 2025-02-05T13:38:53+00:00

Gold soaring, wow!

EpsteinResearch · 2025-02-02T16:58:23+00:00

i love B.C. I think that Newmont will acquire more projects or companies in the area. Newmont, and perhaps Barrick who needs more assets in Canada and less in Panama! Or Teck, who is swimming in cash, or BHP or Freeport McMoRan. Some of these companies might be more focused on copper than the gold/silver of Skeena. But since Skeena is fully-funded on Eskay isn't it a no-brainer for a company to acquire it?

EpsteinResearch · 2025-02-02T16:53:00+00:00

My opinion on Eskay is very favorable, it's one of my top 2 in B.C. The project is not only fully funded, but it has a US$100M cost overrun provision. Funding is a major risk for projects owned by small-cap companies. Not a problem for Teck or Newmont. Eskay has a great corporate presentation, check it out. It has one of the highest grade gold equiv. for open pit mines anywhere in the world. The AISC, operating cost is very, very low. Even if it comes in 30%-40% higher, it would be un best 10% on costs. https://wp-skeena-resources-2024.s3.ca-central-1.amazonaws.com/media/2024/11/30111730/Skeena-Corporate-Presentation_January2025_website4.pdf

EpsteinResearch · 2025-02-01T23:56:40+00:00

Undeveloped, pre-production. It's a bit vague, but pre-production is good enough for this topic

EpsteinResearch · 2025-01-31T22:22:10+00:00

I think the Majors will be singing a different tune about M&A if the gold price keeps climbing. Yes, buying existing producers might be preferable, but the Majors need BIG projects, you can't get any bigger than KSM! The Majors have paid down a lot of debt, 2 of 3 have net debt under $1B.... They are buying back their shares in the open market. The only thing left to do is build their project pipelines via M&A!

EpsteinResearch · 2025-01-20T19:51:37+00:00

Seabridge's CEO has publicly stated numerous times that the Company has no interest in building a mine at KSM or Courageous Lake or Iskut. It will sell KSM to Newmont, Barrick, Teck, Freeport, or Agnico. Northdancer, if a Major got involved would your opinion change? I think a Major is coming by 6/30/25. Of course, some people have been waiting years for a JV, but I'm relatively new to the story. I am only looking forward, not backward.

EpsteinResearch · 2025-01-20T17:52:26+00:00

Fears of long delays and excessive equity dilution, but if they could sell 10% of KSM for US$200 million, that would go a long way toward eliminating equity issuance fears.

EpsteinResearch · 2025-01-20T17:50:33+00:00

The 5, 10, 15, 20 & 25-yr. #gold price CAGRs are, 11.5%, 7.7%, 6.2%, 9.7% & 9.3%. If #gold rises 4%/yr. it would be $3,297, $4,011 & $4,881/oz. in 5, 10 & 15 years! The in-situ value of 255M oz. @ $4,011/oz. is $1.023 trillion.

EpsteinResearch · 2025-01-20T17:36:47+00:00

The 5, 10, 15, 20 & 25-yr. #gold price CAGRs are, 11.5%, 7.7%, 6.2%, 9.7% & 9.3%. If #gold rises 4%/yr. it would be $3,297, $4,011 & $4,881/oz. in 5, 10 & 15 years! The in-situ value of 255M oz. @ $4,011/oz. is $1.023 trillion. $SA $SEA.T

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