Awalé CEO Speaks Up, +144% Aussie Gold Stock, and Another Lundin Hit | Junior Mining Talks
Junior Mining Talks is a weekly junior mining stocks publication. In every episode, you can find a weekly overview of the most interesting and important news in the junior mining market.
Typically, I am joined by Luc ten Have from @GoldDiscovery1 , along with a relevant guest (sometimes).
Luc has been a resource investor for over 10 years now. He developed a tool for junior mining stocks at www.golddiscovery.com to make his life easier in his due diligence analysis.
In this episode of Junior Mining Talks, we started with an overview of the commodity prices from last week. Particularly the significant increases in silver and copper, the relative stability of uranium, and the drop lithium prices.
Following that, we discussed the stock price increases of various companies, exploring the potential for investments during periods of promotional activity, and the implications of new discoveries. Specifically, here we discussed an Aussie gold stocks that went up 144% this week, as well as what seems to be yet another Lundin hit.
At the end, we turned our attention to Awalé Resources, by interviewing their CEO, Andrew Chubb. We discussed the latest financing of Awalé, board restructuring, and ARIC's exploration plans for 2024.
Awalé Resources' website: https://awaleresources.ca/
THIS VIDEO SHOULD BE TREATED AS AN ADVERTISEMENT FOR AWALE RESOURCES, WHO HAS PAID FOR THE PRODUCTION OF THIS ADVERTISEMENT. NO QUESTIONS WERE EXCHANGED, AND NOBODY SAW THIS PRIOR TO ITS PUBLICATION.
The information provided herein is general and impersonal in nature and meant for entertainment purposes only. The viewer acknowledges and agrees that the information does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy.
The host is not a licensed investment advisor. He is just another talking head on the internet. He might own shares of companies mentioned in this publication. Always assume he doesn't know much more than a potato does. Although none of the companies included in this episode have paid for the production of the video, still consider everyone herein biased.
The mining and exploration space is among the riskiest sectors to invest in. The risk of anything mentioned in this publication is 100% loss of capital. If you don't read the official documents provided by the company on www.SedarPlus.ca, you will lose all of your money.
Timestamps:
00:00 Intro
00:58 Market Overview: Commodity Prices
06:27 What happened with Australian Gold & Copper?
19:35 What happened with Copper Fox Metals?
24:19 What happened with Bluestone?
26:46 Important Warning
27:04 Intro Awalé Resources
28:15 Why did Awalé raise money at 62 cents per share?
40:26 What does Andrew think of the recent board changes?
44:10 What was the original idea of Newmont?
48:21 What is the plan for Awalé with the $11.5M?
56:18 How does Andrew feel about the big drill hole from Charger?
01:07:57 Is G&A going to go up this year?
01:15:22 How do the people from Odienné feel about Awalé?
01:20:42 Why did Newmont not participate in the financing?
01:23:11 What is coming up for Awalé Resources?
01:32:32 Contact Awalé Resources
