Inflation in the U.S. is at its highest level in 30 years, lifting the price of gold back well above the USD 1,800 per ounce mark and a key resistance. But if you believe Chris Vermeulen of https://TheTechnicalTraders.com, for example, this is just the beginning! In his opinion, the gold price should rise to USD 2,600 - and gold companies should make a "huge, explosive move".
Whether this explosive move comes or not, we believe that gold and good gold companies have a good chance to perform well in the coming weeks and months. This is especially true for Kingman Minerals (WKN A2P21P / TSXV KGS), the company we would like to introduce to the readers of GOLDINVEST.de today.
Kingman Minerals follows a somewhat different strategy than a large part of the exploration companies in North America. The company does not focus on "grass roots" projects, but on gold properties that already have high-grade, historic deposits or even have a historic, high-grade gold mine on their property. This is done to increase the probability of success and reduce the exploration risk.
Read the complete article here:
Is gold company Kingman Minerals on the verge of a revaluation?
Risk note: GOLDINVEST Consulting GmbH offers editors, agencies and companies the opportunity to publish comments, analyses and news on https://www.goldinvest.de. These contents serve exclusively the information of the readers and do not represent any kind of call to action, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. Furthermore, they in no way replace an individual expert investment advice, it is rather promotional / journalistic publications. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. The acquisition of securities, especially with shares in the penny stock area, carries high risks, which can lead to a total loss of the invested capital. The GOLDINVEST Consulting GmbH and its authors expressly exclude any liability for financial losses or the content guarantee for topicality, correctness, adequacy and completeness of the articles offered here. Please also note our terms of use.
According to §34b WpHG i (Germany) and according to Paragraph 48f Paragraph 5 BörseG (Austria) we would like to point out that principals, partners, authors and employees of GOLDINVEST Consulting GmbH hold or may hold shares of Kingman Minerals and therefore a possible conflict of interest exists. We also cannot exclude that other stock letters, media or research firms discuss the stocks we recommend during the same period. Therefore, symmetrical information and opinion generation may occur during this period. Furthermore, there is a consulting or other service contract between a third party representing Kingman Minerals and GOLDINVEST Consulting GmbH, which means that a conflict of interest exists, especially since this third party remunerates GOLDINVEST Consulting GmbH for its reporting.
