Recently, I launched a new website sponsorship program and I’m proud to announce Premier Gold Mines (PG.T) has joined our program.
I designed the program so that whenever I’m putting out content, my website sponsors are highlighted in the report. I also started it because after calling a bottom in gold in December, I predicted a strong January Effect reading for gold and a bullish year for gold in 2016, so I felt this would create a great opportunity for growing my audience with a lot of helpful content. In this kind of scenario, Premier Gold Mines is an ideal company to help me showcase my website sponsorship program as they will have plenty of news from their gold projects from exploration to production.
Premier Gold Mines is a gold-focused company with an enviable portfolio of projects and a dynamic team which has put them in an exceptional position for growth. They have projects throughout the pipeline from exploration, development and gold mining, all in well-known mining camps, major mining companies as partners and plenty of cash in the treasury.
I originally started following Premier Gold because of their high-grade gold properties in Red Lake, Ontario. This is one of the best gold camps in the world for high-grade gold that was made famous from the success Goldcorp had when they turned from a junior explorer to a gold miner and on to one of the largest gold producers in the industry. Premier Gold owns a 44% interest and Goldcorp has the remaining 56% interest in the Rahill-Bonanza Property. This project has a great address, right in between two of Goldcorp’s mines. Goldcorp has built a tunnel to connect their two mines that goes right through the Rahil-Bonanza property. This tunnel gives them much easier access to the known high-grade zones on the property as they can drill from stations along the tunnel. They have already started testing new targets and finding high-grade gold, they can drill year round and really roll up their sleeves with exploration drilling.
The Trans-Canada project is a 50/50 joint venture between Premier Gold and Centerra Gold, it is an advanced-stage gold project that is well located right beside the Trans-Canada Highway, near Geraldton, Ontario. They are working on a feasibility study which they are expecting in mid-2016 and are also continuing to advance permitting for approvals to construct a mine at Hardrock. This is a key pillar of their future growth as a gold mining company and I’m looking forward to the feasibility study on this multi-million ounce gold project with outstanding access and infrastructure close at hand.
Premier Gold owns a 60% interest, Barrick owns a 40% interest, in the South Arturo Project in Nevada. Barrick started open pit mine construction in 2015, the Phase 2 pit deposit will produce around 120,000 ounces of gold in 2016, with around 90,000 ounces to Premier’s account is expected. What makes this production particularly exciting, is that it is a low-cost project, with all-in sustaining costs of approximately US $450 per ounce based on their forecast. I really like the looks of this project, Barrick doesn’t mess around and they must really like the potential of this project, it is a great cornerstone asset for Premier Gold.
In addition to these projects, they also have the Hasaga project in Red Lake, Ontario that will see work this year. At their McCoy-Cove Gold Project in Nevada, they have several options they are evaluating and will be spending $6,5 million on exploration this year. Earlier this year, Premier Gold put out their year-end exploration and operational update which is a great place to start your homework on their outstanding portfolio of gold projects. Continue on looking at other sections of the Premier Gold website, it will be readily apparent they will have exceptional news flow in 2016.
Now down to the business part. My reports are made possible through website sponsorships and consulting work. I’ve been changing my reporting lately, I used to cover many companies at a time. In the next bullish phase that I see has already started, I expect fewer companies will participate than during the last bullish phase. In this kind of a scenario, investors will need to be better stock pickers, and understand the stocks they own.
This is why I not only want to cover fewer companies, the ones I cover, I will cover more extensively. In order for me to cover companies more extensively takes more time and is more costly to produce. This is why I put together the new website sponsorship program, with the sponsorships I cover the costs of the added coverage for them and to produce my other reports for my readers and viewers at no cost.
As more companies learn what the program delivers in coverage and reach, more will come as they learn how I use digital tools to promote my work and highlight my sponsors in the reports. I’m pleased that Premier Gold has given me the chance to showcase them and my new website sponsorship program.
I’ve made it public that my fee is $12,000.00 per year, as my service is just getting off the ground, I was pleased to give Premier Gold a discounted rate of $10,000.00 to join my new website sponsorship program for one year. Premier Gold is a dynamic gold company with outstanding growth potential, they will have strong news flow in 2016, which is exactly what I need to show how the program works.
I’m not the only commentator that has website sponsors. What makes mine different, is that website sponsors don’t get to review or edit my written or video reports on them, they see the reports when everybody else does. This way, you will know that it is my opinion of what is happening, I read their news and present my views when there is significant news out. I think this takes confidence from the sponsor company in my reporting and their project.
I would like to thank the management of Premier Gold for deciding to be a website sponsor of the Allan Barry Reports. Sponsors and consulting clients make my work possible. On behalf of my audience, thank you.
My reports are for information purposes only, before making any investment decisions it is important to do your homework and speak with your financial advisors.
Gold has shaped up just like I had discussed at length in my Outlook 2016 report. The bear market for gold ended in December 2015 and then had the strongest January Effect readings of all assets I follow, which signals a strong year for gold and gold stocks.
It isn’t just the technical indicators that have me so bullish on gold for 2016. The fundamentals of supply and demand are shaping up to be bullish as well. On the supply side, head grades at mines are in decline, many mines have been high-graded to death, growing deficit between what is mined and found each year and exploration dollars have been cut industry wide. Demand is very strong and with the shakiness in US stocks and USD, investors are starting to move away from those crowded trades that are rolling over.
In the coming months and years, I see we are starting a new bullish trend for gold, and a company like Premier Gold, with the quality of their portfolio of projects is positioned to be a leader among their peers.
All the best,
Allan Barry Laboucan