Here's something new for your weekend enjoyment. We first met Alastair Still a few years back when he became CEO of Gold Mining, Inc. That company has recently spun off a very promising resource and made it into its own company. Why did they do that? Come on in and have a listen.
The new company is called U.S. GoldMining and it just went public last week. It's a very compelling situation so I was quick to reach out to Alastair since he's the chairman of the new entity. The CEO is Tim Smith, who left Newmont to head the operation. Together, they form a solid team to take this project forward.
The primary project is in Alaska, about 100 mile northwest of Anchorage. It is a well known gold and copper resource but it has been idled since 2011. The metal price rallies of the past few years have made the idea of drilling it out a very interesting story.
Over the course of this call, I ask Alastair to address:
- the structure and history of "The Whistler Project"
- the helpful Alaskan jurisdiction
- nearby infrastructure
- the plan to begin drilling and what they expect to find
- the new company's balance sheet and share structure
- we also take a few minutes to discuss the value of GoldMining, Inc.
As always, do not take my enthusiasm for this company and make it your own. You must conduct all of your own due diligence and assess your risk tolerance and time horizons before making any investment into anything.
For U.S. GoldMining, you begin your homework by researching the U.S. ticker symbol of "USGO". You should also be sure to visit the company website. Once there, be sure to check these pages:
Many thanks to Alastair for sharing this information with us. I very much look forward to keeping tabs on their growth this year and beyond.
This video was conducted on behalf of US GoldMining Inc, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://portal.goldstandardir.com/disclaimer/USGO-1