Breakout Alert: Saturday February 4, 2023 New Premium Alert GoldMining Inc. (NYSE: GLDG) $1.15/share Gets $5.25/share Price Target Representing 356% Gains Hi 10XProTrader Member, This is Kevin Vander with â10XProTraderâ delivering you your next premium alert for Monday 2/6 - trading session is GoldMining Inc. (NYSE: GLDG) After hours of scanning the markets for another undervalued situation, I discovered a NYSE stock trading at $1.15 per share that just got a $5.25 target price from H.C. Wainwright giving GLDG a âBuyâ rating, with an price target more than double its close price on Friday of $1.15 representing 356% Gains. Later in this report, I will cover GLDG and detail their explosive growth potential through new acquisitions! But first⦠The Company has several bullish catalysts on the horizon and is on the verge of disrupting $1 Trillion Mineral Exploration Industry, with their latest Blockbuster News that This Gold Junior Just Tripled Its Resource! Analyst Bullish On GLDG, Following Latest News! Investment Research Analyst Heiko Ihle at H.C. Wainwright issued Analyst coverage on GoldMining Inc. (NYSE: GLDG) issuing a $5.25/share price target! (Representing approx. 356% in upside potential!) [Read Full Analyst Report here]( This GoldMining (NYSE: GLDG) Just Tripled Its Resource! GoldMining Inc. (NYSE: GLDG) currently trading around $1.15 per share in a rising gold market â has tripled the Inferred Mineral Resource Estimate (MRE) at its 100%-owned La Mina gold-silver-copper project located in Antioquia, Colombia, to 1.45 million ounces of gold equivalent (AuEq). On January 23, 2022, the company announced that it tripled Gold Equivalent Inferred Resource Estimate To 1.45 Million Ounces At La Mina Project With La Garrucha Discovery. - From the press release: La Garrucha deposit adds approx. 1.0 million oz AuEq in the Inferred category and 0.2 million oz AuEq in the Indicated category. Also, GLDG has updated the Mineral Resource estimate inclusive of La Garrucha positions La Mina with 1.15 million oz AuEq Indicated and 1.45 million oz AuEq Inferred resources. Alastair Still, CEO of GoldMining, commented, âWe are extremely pleased that the Company's first exploration drilling program at La Mina has identified a significant discovery!â ....âThis Exciting Discovery has Exceeded our Expectations!â Tim Smith, Vice President, commented, âThe updated Mineral Resource estimate at La Garrucha represents an unqualified success for the Company!â Image by GoldMining Inc. via Corporate Presentation January 2023 Page 17 There are several potential catalysts in play right now that could be key factors for GLDG breakout. GoldMining Inc. (NYSE: GLDG) 32M gold equivalent resources are currently priced for less than $2.95/ounce and the potential rerating of these projects are, in my mind, the company's most undervalued asset. Even if you completely disregard the secret catalyst that I'm about to show next and just what I said above is enough to rank GoldMining Inc. (NYSE: GLDG) as the No. 1 junior explorer/developer breakout stock, in terms of risk versus reward, in my opinion. I don't know of any other company, whose gold resources are priced at $4.10/oz, which is 85% BELOW the industry average! It is our belief that Jim Simmons and his Renaissance Technologies, are not only fully aware of this massive discount, but may also be holding their positions, because of the secret catalyst that I'm sharing below. GoldMining Inc.'s (NYSE: GLDG) management is going to great lengths to prove their resources are updated. The company is set to release preliminary economic assessments (PEA reports). The significance of this is monumental because, with those, comes the possible moment, when 32M ounces are re-rated upwards, which would mean the stock trades much higher, as the industry average is between $30/ounce and $40/ounce, which, mathematically speaking, would make GoldMining Inc.'s (NYSE: GLDG) market cap over approx. $900M, not the mere $190M that it is today! What I'm telling you is the management is DIRECTLY HANDLING the single-most important item on the agenda! The secret catalyst that only astute investors researching GoldMining Inc.'s stock know of is that the company's cash and marketable securities holdings include 20M shares of (NYSE: GROY), the fastest-growing gold royalty corporation in the stock market! As of today, 20M shares of GROY are worth approx. $55M. If that company gets valued for similar multiples to its peers, GoldMining Inc. (NYSE: GLDG) could see this portfolio holding alone grow from today's valuation and reach a size that is higher than what GoldMining Inc. (NYSE: GLDG), in its entirety, is valued at today! That's mind-boggling just to comprehend the upside of this catalyst! In other words, with GoldMining Inc., one is diversified, by definition, between a portfolio of 32M ounces of gold equivalent resources, priced for just over $4/ounce and here's the math: - Market Cap: $190M - GROY position size: $55M - Cash: $4M - Enterprise Value: $130M - Price one is paying for gold resources: 130/32 = $4.06/ounce That's a secret catalyst that makes a huge difference, and I don't know of any other junior gold stock that can offer a similar advantage! Image by GoldMining Inc. via Corporate Presentation January 2023 Page 3 GoldMining Inc. (NYSE: GLDG) is my No. 1 junior explorer/developer breakout stock, trading for USD$1.15/share with a recently-issued analyst price target of USD$5.25/share! (Representing approx. 356% in upside potential) GLDG Has â7â Key Potential Breakout Catalysts That Provide A Very Bullish Outlook! - Creation of Gold Royalty crystalizing over $100M in value - One of the largest portfolios of gold and gold-copper resources of any junior explorer/developer - Strengthened Technical Team and Board with decades of experience to help advance portfolio - La Mina resource growth with La Garrucha discovery(1) 3 , M&I and Inferred resources increased by 16% and 215% respectively - Potential realization of US$16.5 million in value through option agreement with NevGold for the Almaden Project, Idaho - Creation of U.S. GoldMining to advance and unlock value of the multi-million-ounce Whistler project in Alaska - HC Wainwright issued Analyst coverage on GoldMining Inc. (NYSE: GLDG) issuing a $5.25/share Price Target (Representing approx. 356% in Upside Potential) You must take this particular pick very seriously, pay attention to the magnitude of their recent Bombshell News GoldMining (NYSE: GLDG) Just Tripled Its Resource! I am urging all of my members to add GLDG to the top of their watch list right now, and be ready Monday morning at the opening bell! 10X Your Wealth, Kevin Vander
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