'Investors Should Remember These Things About Gold' Gold experienced a significant price surge in 2024, reaching over $2,700 per ounce in October before retreating below $2,600 in November. While this decline may signal a cooling period, it offers a strategic entry point for investors. Historical trends show gold's price dips are typically temporary, with the metal maintaining its role as a safe-haven asset and inflation hedge, especially when other assets underperform. Although the price has fallen slightly, it is unlikely to return to early 2024 levels, given inflationary pressures and continued demand. Investors should view this as an opportunity to add gold to their portfolios. (Source: https://www.cbsnews.com/news/golds-price-faling-investors-should-remember-these-things/)
Strongly positioned amid this market with two producing and 100% owned mines, Luca Mining (LUCA.v LUCMF) has emerged as a high-potential opportunity that's on track to producer over 100,000 ounces of gold equivalent per year starting in 2025: https://www.reddit.com/r/SmallCapStocks/comments/1gqqut5/luca_mining_corp_lucav_lucmf_poised_for/
Currently LUCA is undergoing both a production ramp-up at its Campo Morado project, as well as an extensive exploration program at its Tahuehueto Gold Mine, which account for a total resource of 2.7 million oz Au Eq so far.
Posted on Behalf of Luca Mining Corp.