GOLD: 1.58M Gold Eq Oz in Wyoming | US Gold Corp Interview
❗US GOLD CORP HAS NOT PAID FOR THIS INTERVIEW. Resource Talks is a business that aims to create and publishes video interviews in exchange for monetary compensation. This means that at a later date, this company may become a paying client of ours. There will always be a conflict of interest which means you can never rely on anything said herein.
By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication.
In general, viewers, listeners, and readers are encouraged to understand that this YouTube channel is a business that aims to receive compensation for the creation & publication of content. Viewers, listeners, and readers should should always assume there is a conflict of interest, as well biases. Viewers, listeners, and readers cannot and should not rely on anything said herein and are encouraged to conduct their own research as seek professional help.
The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.
By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.
Nobody involved in the production of this publication is a licensed investment advisor.
The views and opinions expressed in this interview are those of the guest and do not represent the views of Resource Talks and/or its affiliates and/or their personnel.
No recommendations are being made to buy or sell any securities in this video.
The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it.
The minimum risk on anything mentioned in this publication is 100% loss of capital.
Read official company filings on www.SedarPlus.ca.
Timestamps:
00:00 Intro
00:18 Important Warning
01:33 US Gold Financial Overview
07:37 Is Luke Norman the right man for the job?
11:45 How much of Luke's time goes to US Gold Corp?
13:45 Does the technical team have the right experience?
14:35 How much skin in the game do insiders have?
15:05 How much stock does Eric Sprott own?
16:25 Did insiders get founders shares?
17:53 Do insiders buy in the open market?
18:57 Does management own a royalty on the projects?
19:15 What's the business plan? Build or sell?
24:30 Why not sell the other projects?
25:16 Why hasn't CK been built already?
26:47 Why did it take so long to move CK to PFS?
29:55 Why are gold recoveries only 67%?
32:08 Can they sell the tailings?
34:26 Is there potential in the waste rock?
38:49 When will they put some numbers to the waste rock?
40:00 Is permitting so close to the state park a problem?
45:14 Would the state pay for some of the work?
47:40 Did the State Parks committee raise concerns?
50:00 Where would the water for the mine come from?
51:06 When will the balast deal close?
53:35 Is integrating the balast sales process complicating the project?
57:15 Why not keep exploring instead of going to FS?
58:58 How much money do they have to spend before the FS?
59:55 Will they have to raise capital in 2025?
01:03:00 How much are they spending on marketing in 2025?
01:03:50 How much will G&A be in 2025?
01:04:58 What would an idea financing package for the mine look like?
01:07:48 Is US Gold Corp at risk of being taken out prematurely?
01:09:15 What is happening at the other 2 projects?
01:13:20 When will they spin out Keystone?
01:14:10 Is Challis for sale right now?
01:15:20 Why is this listed in the US?
01:21:54 What keeps Luke up at night?
01:25:33 Very important warning - DO NOT SKIP
This is a US Gold Interview with Chairman, Luke Norman.
