CEO Lekstrom Discusses Strategic Moves & Market Insights In a recent video on the Battery Commodity channel (9.6k subs) the CEO of Blackwolf Copper and Gold Inc. (Ticker: BWCG.v or BWCGF), Morgan Lekstrom, shared insights on the company's properties and discussed broader market sentiments.
Blackwolf holds promising copper and gold projects in Alaska and British Columbia's Golden Triangle region. This includes the Harry Gold Project where a recent drill program unveiled substantial gold discoveries including high-grade intercepts of 312 g/t and 277 g/t of gold over one meter respectively.
The company has also started exploration activities at its Cantoo Project on the Alaskan side of the Golden Triangle, recognized as one of the few remaining unexplored and undiscovered areas.
Morgan, having transitioned from the lithium space to the gold, copper, and zinc sectors, explained the strategic move, emphasizing the opportunity to work with industry leaders like geologist Rob McLeod and billionaire gold investor Frank Giustra who heavily invested in the company in April and remains actively involved.
He expressed confidence in the gold trade, emphasizing the significance of what is happening in the gold sector. He suggested that the dynamics in the gold market, coupled with the impending demand for copper, could lead to a space where "generational wealth will be made in a very short period of time."
The discussion touched upon the critical role of base metals, such as copper, zinc, nickel, and others, labeling them as "critical for life." Morgan emphasized the need for an educational shift to help people understand the importance of these metals, stating that deficits in their supply could lead to global challenges.
One intriguing aspect of the video was Morgan's perspective on "dollarization." He predicted a decline in the US dollar and highlighted the growing trend among BRICS nations, particularly China, Russia, and India, to accumulate gold. Morgan suggested that these nations might re-hedge their currencies with gold, leading to a devaluation of the US dollar and a shift in global economic dynamics.
Full interview here:
Posted on behalf of Blackwolf Copper and Gold Ltd.