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Two Ways to Profit from the Gold Share Bull Market Trey Wasser and Ben Mossman are new guests on the weekly radio show. Trey heads up Ely Gold Royalties. Its shares have risen from a low C$0.15 in May 2019 to a recent high of over C$0.90. Given growth of near-term production from its royalty portfolio, there is no reason to think the upward trend will not continue. At the other end of the spectrum is Ben Mossman's Rise Gold Corp. in the process of moving the exceptionally profitable high-grade Idaho-Maryland Mine back into production since it was shut down during WWII. That mine was the second most prolific mine in America until it was closed during the war by government decree even as plans were then in place to double production. The economics were very strong then and they look even better now with gold above $1,600/oz. The shares of Rise have not risen yet, but as investors realize its prospects your host is betting on a significant upside ride for shareholders. Both guests will tell their respective stories and Jay will opine on some picks as well. |
Trey Wasser is President, CEO and Director of Ely Gold Royalties. His career includes being President and Director of Research for Pilot Point Partners LLC, over 33 years of brokerage and venture capital experience, with 20 years as a corporate finance specialist with Merrill Lynch, Kidder Peabody and Paine Webber. Mr. Wasser specialized in equity/debt re-structuring and cash management. He also founded Due Diligence Tours organizing analyst tours to hundreds of mining properties in North America.
Ben Mossman, Pres, Director and CEO of Rise Gold Corp. is a mining engineer with over 15 years of experience, including experience in capital markets, project evaluation, acquisitions, mine operations, and development. Mr. Mossman has worked at eight producing underground mines with production rates ranging from 250tpd to 3,000tpd. Previously, as CEO, he lead the exploration, permitting, financing, construction, and operation of a profitable gold mine in British Columbia which was one of the only hard rock metal mines in the world to use pre-concentration (DMS) to eliminate all surface disposal of tailings. Mr. Mossman has been involved in several other mine start-ups, including as mine engineer at the Snap Lake Mine for DeBeers Canada and the Bellekeno Mine as Chief Engineer for Alexco Resource Corp. |