This article was contributed by Future Money Trends.
Gold has officially broken out above $1,900!
Under the hood, the gold stocks indices have begun their rally even sooner than gold has!
Gold Mountain (TSX-V: GMTN & US: GMTNF) is one of only a handful of gold companies that are bringing a new gold mine into production in 2021.
According to management, Gold Mountain (TSX-V: GMTN & US: GMTNF) will be in production by November, at the latest!
We’re catching this company, right as they’re commencing their next drill program, with the purpose of further increasing the resource.
Management estimates that the previous owners had spent CAD$50mn on the project, even thoughGold Mountain (US: GMTNF) paid only CAD$10mn for it!
Once in production, its cost is set to be only $554/ounce, making it one of the lowest-cost mines I’ve come across.
Secondly, Ciena (CIEN), featured in the August 2020 Watch List, which you can access HERE, has roared to an all-time high of $60/share, up 50%, since we featured it for the first time!
We’re thrilled about the implementation of Watch Lists and will compile one area, where all of the Watch Lists can be easily accessed with one click of a button!
