CSE:NORD - Post Discussion
Post by
alphaflight on Feb 03, 2022 11:22pm
Brascan Gold Report to Shareholders
Report to Shareholders February 3, 2022
Dear Shareholders,
January 2022 has been a challenging time for many people throughout the world. Stock markets and crypto currencies tanked, Russia threatened to invade the Ukraine, inflation rates rose and a yet another wave of COVID adversely impacted the health and economies of many countries. The combination of these adverse events created uncertainty and instability globally. Investors worldwide paused to evaluate the impact of the tsunami of negative news.
I, however, have very positive news for you about Brascan Gold due to the incredibly hard work of the Brascan team.
- During the holiday season (December) when most people had put down their pencils and in January, when financial markets tumbled, Brascan raised $ 2,400,000.
- Brascan is now sufficiently funded to carry out major gold exploration programs on the Alegre Gold Project in Brazil and the Middle Arm Fault and Black Cat gold properties in Newfoundland which are held by the Company’s subsidiary, Baie Verte Resources Inc. The exploration program on the Alegre Gold property begins this month and the exploration program on the Newfoundland properties will begin later this spring.
- Brascan will be able to announce continuous exploration news given that we can work all year round in Brazil.
- Brascan is meeting the objectives of the annual plan which was included in our October Report to Shareholders. Brascan intends to explore for 1,000,000 ounce plus discoveries, acquire gold resources and, ultimately, commence gold production in 18 months.
- Brascan Gold has the management, minerals (gold) and money to maximize shareholder value in 2022.
- Major investment houses are predicting increases in the price of gold. Last week Goldman Sachs advised its clients to BUY GOLD. They predicted that the price of gold will increase to over $2,150 an ounce this year. Goldman Sachs analysts explained that their forecast was based on the inflationary bias of American monetary policy, a background of geo-political tensions, elevated American political and social uncertainty and the impact of the most recent wave of COVID infections. The timing of their forecast is excellent news with respect to the development of Brascan Gold. It means that it is time to buy Brascan Gold.
- Brascan is now looking to acquire additional gold properties in Brazil and Newfoundland. Please stay tuned. Your Brascan Gold team will make it happen.
In summary, Brascan Gold investors should be ignoring the short term turbulence in the markets. Under almost any scenario, the price of gold will increase.
In my opinion, now is the time for seed investors to acquire more Brascan Gold stock (CSE: BRAS FRA: 5ZT) and average up before the full confluence of events materialize in 2022 and drive gold prices even higher.
Your future is bright with Brascan Gold.
Be safe and well everyone.
Best regards,
Balbir Johal
CEO, Director and Founder
Brascan Gold Inc. (CSE: BRAS)
Vancouver BC, CANADA | | |
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