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Sprott Junior Gold Miners ETF SGDJ

The Fund seeks investment results that correspond before fees and expenses generally to the performance of its underlying index the Sprott Zacks Gold Miners Index ticker symbol ZAXSGDM the Underlying Index. The fund will invest at least 90% of its net assets in securities that comprise the underlying index. The underlying index aims to track the performance of junior gold companies primarily located in the U.S., Canada and Australia whose common stock, American Depository Receipts (ADRs) or Global Depository Receipts (GDRs) are traded on a regulated stock exchange in the form of shares tradeable for foreign investors without any restrictions. It is non-diversified.


ARCA:SGDJ - Post by User

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  • GoldenPolarBearX
Post by GoldenPolarBearon Feb 04, 2022 4:49pm
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Post# 34399611

“ Sabre Gold Mines CEO Giulio Bonifacio talks to GSN

“ Sabre Gold Mines CEO Giulio Bonifacio talks to GSN

"... 

Sabre Gold Mines CEO Giulio Bonifacio talks to GSN about Yukon Cash Costs, Heap Leach Extraction and SGLD Insider Buying..."


https://www.thenewswire.com/press-releases/1Be9FOxEq-sabre-gold-mines-ceo-giulio-bonifacio-talks-to-gsn-about-yukon-cash-costs-heap-leach-extraction-and-sgld-insider-buying.html
 

"... February 4, 2022 – TheNewswire - Sabre Gold Mines’ (TSX:SGLD) (OTC:SGLDF) CEO Giulio Bonifacio recently spoke with Global Stocks News about the Preliminary Economic Assessment (PEA) for the former Yukon gold mine Brewery Creek, targeted for a near-term re-start.

Gold prices are currently hovering around USD $1,800 an ounce, with the Bitcoin crowd declaring the yellow metal is a ‘horse and buggy’, and Goldman Sachs calling for $2,000/ounce gold in the short term.

In the west, we view gold as a hedge against currency debasement, but in the east it has a cultural and historical context.

“India is one of the largest markets for gold, and growing affluence is driving growth in demand,” stated the World Gold Council, “Gold has a central role in the country’s culture, considered a store of value, a symbol of wealth and status and a fundamental part of many rituals.”

As Bonifacio explains in the GSN interview, a $200/ounce rise in the price of gold, radically changes the economics of the Brewery Creek Mine.

Eric Sprott is heavily invested in Sabre Gold Mines

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