Ross Beaty: Fabulous Gold Stock Buying Opportunity Right Now

By ross beaty / March 25, 2020 / www.youtube.com / Article Link


Mining entrepreneur Ross Beaty believes it is an excellent time to invest in gold and gold equities. In this interview, Ross stated: "it's obviously a fabulous buying opportunity right now, especially anything with gold attached to it. Because gold has such fabulous fundamentals today. Probably the best that I've seen in my entire career....People are going to put some of their money into gold as a long-term store of value and its price will go up. So anything with gold in it is likely to be good."In addition to providing commentary on the recent sell-off and volatility in the gold stocks, Ross specifically shares why he has invested in Lumina Gold and its spin-out company Luminex Resources: "you've got so many shots of big, big value creators in this company, it was a very easy thing for me to participate in. And I think I'm now the largest shareholder at 20%. I would buy the stock every day if I could. It's just a really, really great exploration speculation with multiple assets, any one of which could give you a multiple of where the stock is trading that today. So it's cheap, well-managed. It's got enough capital to follow its business plan for the year. Those are all things, the things I look for in an excellent speculation and Lumina Gold has that in spades. Luminex has that I would say even more. So that's why I'm an investor."Ross Beaty is a geologist and resource entrepreneur with over 45 years of experience in the international minerals and renewable energy industries. He is an internationally recognized leader in both non-renewable and renewable resource development, having founded and divested several companies. In addition to Pan American Silver, Ross is the Chairman of Equinox Gold Corp., a mid-tier gold producer.0:15 Introduction2:39 Why Ross invested in Lumina Gold & Luminex Resources7:33 Selling Lumina Gold's 17M AuOz Cangrejos deposit10:40 Handling recent extreme volatility in mining stocks13:23 COVID-19 crisis and long-term disruption to mining?15:35 Base metal outlook17:02 Silver outlook19:02 Genesis of Pan American Silver20:48 Mistakes to avoid in this mining bull market23:36 Characteristics of a stellar mining entrepreneur26:04 Are ESG issues stressed too much in Western culture?28:06 Final adviceShow sponsor: https://luminexresources.com/ TSXV:LR OTC:LUMIFLuminex news release mentioned: https://luminexresources.com/site/ass...Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.#gold #goldinvesting #goldstocks

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