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Gold Market Analysis with Industry Insider: CEO Insights & Price Predictions
In this episode, the host discusses the recent price action of gold and its potential implications with Allister Still, the CEO of a gold mining company. Allister shares his professional background as a geologist and his experience working for major gold mining companies. He explains that limited supply and increasing demand, along with the impact of inflation and interest rates, are driving the price of gold. He believes that gold will continue to serve as a safe haven asset in the face of economic uncertainties and market volatility.
The conversation then focuses on the unique position of the company in the market. Allister highlights the company's leverage to the price of gold, its large resource portfolio in safe jurisdictions, and its strong technical and experienced team. He mentions that the company has created tangible value through spinouts and has a strong balance sheet. Allister discusses upcoming catalysts, such as drill programs and economic assessments for various projects.
The host asks about analyst coverage and price potential targets for the company. Allister mentions that several analysts cover the company and provide strong recommendations and price targets above the current trading levels. He expresses his bullish outlook for gold, expecting it to surpass a certain price per ounce in the near future.
https://www.goldmining.com/
NYSE: GLDG
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