TSXV:NEXG - Post Discussion
Post by
MarketMakerss on Sep 09, 2024 6:36pm
NEXG Features on YouTube Channel with 1.33M Subscribers
Exploring the leadership and strategic initiatives that drive the company's success in the mining industry, BusinessUnlock (1.33 million subscribers on YouTube) recently posted an interview with NeXGold Mining's (NEXG.v NXGCF) President, Morgan Lekstrom: https://www.youtube.com/watch?v=7mb-DMT68Gw
Key Traits for Success
- Vision and Communication: Essential for leading projects and teams.
- Drive and Perseverance: Willingness to work beyond the standard hours and continuously seek growth.
- Learning over Money: Morgan prioritized gaining experience over financial rewards early in his career.
Career Experiences
- Worked in diverse sectors: mining, steel, grain, and tech.
- Transitioned from mining into the tech space, seeing an intersection between gold, technology, and capital markets.
- Took risks, like working in remote areas, to build valuable experience.
- Mentors played a crucial role in Morgan’s growth; he advises finding people with experience and learning from them.
NexGold and Mining Industry Insights
- NexGold: Focused on gold mining, with a near-term project in Ontario, set to become a significant low-cost gold producer.
- Gold’s Role: Not just a currency hedge but also valuable in technology and as a scarce commodity.
- Growth Strategy: Well-positioned with a permitted project, potential to expand, and strategic partners like Frank Giustra.
- Key Focus: Exploration, resource development, and preparing for mining operations to commence in the next 16-17 months.
- Expected to become a major player in the gold mining industry, with significant cash flow potential.
Focused on fast-tracking the Goliath Gold Project to production by 1Q26, with initial gold production by 1Q28, NEXG is currently completing a 25,000m drill campaign aiming for new target generation on its 65km property, ahead of completing a feasibility study by Q1 2025.
For more information on NEXG and its three million ounce resource, refer to RedCloud's coverage which gave the company a speculative BUY rating and C$1.80 target price: https://cdn-ceo-ca.s3.amazonaws.com/1jdm036-20240906-NEXG-Initiation-2.pdf
Posted on Behalf of NexGold Mining Corp.
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