Dear John Dorward, CEO of Roxgold (ROXG.V)
Andrew Dinning (CEO of Sarama (SWA.V) and
Richard Hyde (CEO of West African Resources (WAF.V)
As the CEOs of Burkina Faso-based gold companies – from one angle – you are in competition with each other for gold investment dollars.
From another angle, you have shops on the same street, and your mutual objective is drive foot-traffic to that street (in effect, to create a branded shopping district).
We discovered that concept recently in Istanbul, after stumbling onto a street with 25 wedding dress shops.
Equity Guru could help you with the quest to bring buyers to your street.
Our company owner, Chris Parry has created wealth for our readers in energy metals, technology, blockchain and cannabis.
We are now focused on bringing millennial investment dollars into mining.
We already have one Burkina Faso client, Nexus Gold (NXS.V).
Nexus’ stock price has doubled in the last 60 days.
True – Nexus is kicking ass and the spot price of gold is surging – but we’ve also played a part.
Our Senior mining writer Greg Nolan is an unapologetic gold bug. He’s been covering the gold space and has written many articles about Nexus Gold.
Greg used to run helicopter crews for reforestation companies. He’s a rare dude who can read a drill-log and tell a story.
We’ve recently penned articles on Roxgold, Sarama Resources, and West African Resources so we know what you are about – but we want to get into it deeper.
Which means, getting over to Burkina Faso (boots on the ground) to learn more about wealth-creation opportunities in this beautiful troubled country.
Some of our young investors have expressed ethical concerns about mining.
That is a conversation worth having.
Fact: all corporations are morally compromised. Canadian-based mining companies must comply to strict environmental regulations.
The laws governing human rights are looser – and in our opinion – inadequate. That is Canada’s problem to fix.
If our readers think working in a non-corporate Burkina Faso gold mine is a better option, we advise them to watch this brilliant and heart-breaking documentary.
“In a recent interview, Burkinabe Mining Minister Idani Oumarou stated that $100 million had been invested by companies seeking to explore gold prospects in Burkina Faso,” wrote mining.com, “The government typically retains 10% ownership of these mines and benefits from various royalties and taxes imposed on foreign companies.”
Bottom line: the Burkina Faso government needs money from the mining industry to hire doctors, school teachers and fight terrorists.
We believe that the people of Burkina Faso are better off with international miners than without them.
Early 2019, there are multiple screaming buy-signals for gold.
According to Bloomberg, “Global debt hit a record $184 trillion last year, equivalent to $86,000 per person — more than double the average per-capita income.”
Because 100% of the debt is based on fiat currency (paper money), and it is very easy to manipulate supply.
No act of Congress can magically make a tonne of gold appear on the lawn of the White House.
The argument against gold, is that – like cryptocurrency – it’s only valuable if you think it’s valuable (industrial uses are insignificant).
But unlike cryptocurrency the value of gold is buried deep in our ancestral psyches.
Shaved flakes of bullion have been found in Paleolithic caves dating back to 40,000 B.C. “Foul cankering rust, the hidden treasure frets,” wrote Shakespeare in 1602, “But gold that’s put to use – more gold begets.”
The Chinese love gold. India’s population treats it as a religion.
You get the idea.
We like mining.
We like gold.
We like Burkina Faso.
Equity Guru has a large audience of young, smart, risk-taking investors.
You can check out our six-month marketing program here.
One proviso: if you do something sleazy, we will not protect you.
Nexus Gold former CEO found that out the hard way.
In truth, we are not short of marketing clients (eye-ball the scrolling logos at the top of the website), but we’d like to get you in our mix.
To initiate a conversation with Equity Guru, contact Chris Parry chris@equity.guru.
Yours,
Lukas Kane
Full Disclosure: Nexus Gold is an Equity Guru marketing client. The writer owns stock in Nexus, Roxgold, Sarama and West African Resources.