• 4 minutes 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 7 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 10 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 13 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 22 mins More dumbed down? re Hong Kong Act of Congress
  • 21 hours EU has already lost the Trump vs. EU Trade War
  • 21 mins U.S. Shale Output may Start Dropping Next Year
  • 56 mins Winter Storms Hitting Continental US
  • 2 hours U.S. Shale To Break Records Despite Bearish Rhetoric
  • 46 mins Aramco IPO magic trick
  • 24 hours Pope Proposes New Sin: Thou Shalt Not Destroy The Harmony Of The Environment
  • 19 hours What are the odds of 4 U.S. politicians all having children working for Ukraine Gas Companies?
  • 5 hours Petroleum Industry Domain Names
  • 2 hours Crazy Stories From Round The World
  • 1 day Article: Did Exxon only make $39 Million onshore U.S. last quarter ?
  • 20 hours PennEast Appealing Wacky 3rd Circuit Decision to Supreme Court
  • 1 day Visualizing Pennsylvania Oil & Gas Production (Through September 2019)
  • 1 day Last I Checked
  • 20 hours China 2019 - Orwell was 35 years out
Steven Marsh

Steven Marsh

More Info

How To Buy Gold For $3 An Ounce


Wall Street knows it, and wealthy investors know it, too: Fear sends gold soaring.

And right now, there’s so much fear floating around the market that gold is back on everyone’s radar.

But what most investors don’t know, is that gold can be bought at deep discounts.

Gold is soaring closer and closer to $1,500 per ounce right now…

But imagine you could get your hands on it for just $3 an ounce.

That’s exactly what Wall Street is doing.

It does this by targeting junior miners with major upside

Finding the undervalued global gold assets that will become the heart of the next gold boom.

And if the research by Cantor Fitzgerald and GMP Research is anything to go by…

There is one company that simply cannot be ignored.

Euro Sun Mining (TSE:ESM, OTCPK:CPNFF), owner of the second largest gold mine in Europe.

In fact, Canton Fitzgerald estimates that Euro Sun could be undervalued by as much as 500%...

While GMP Research predicts a 671% gain.   

That’s because we are running out of gold, and with geopolitical and economic fears soaring – the majors know that they need to find more.

And that’s where junior miners like Euro Sun are set to win big.

It’s all happening in Romania. At a mine estimated to have over $13 billion in gold well within reach.

Euro Sun (TSE:ESM, OTCPK:CPNFF) now has 100% ownership in roughly 400 million tons of ore in three discreet bodies consisting of an estimated 7.1 million ounces of gold and a billion and a half pounds of copper working out to about 10.1 million ounces of gold equivalent.

(Click to enlarge)

So how do you get discount gold?

These are the math facts: 

- Euro Sun has an estimated 10.1 million ounces in the ground at Rovina Valley.

-The price of gold right now is $1,490 an ounce.

- Euro Sun can extract this gold for under $800/ounce AISC (all-in sustaining costs).

- That means gold worth ~$7 billion AFTER all costs of extraction.

- Euro Sun is trading at only $0.32/share (CAD)

So, instead of paying your broker around $1,500 an ounce for gold, you can get it for under $3.

A Wildly Undervalued Company

At a current gold price of $1,490 per ounce, Euro Sun (TSE:ESM, OTCPK:CPNFF) is sitting on an estimated $15 billion in gold and copper revenue.

Yet, the company is currently valued at ~$26 million.

Rovina’s low AISC (All-in Sustaining Costs) of $752 an ounce leaves a healthy profit margin of $550 an ounce at current gold prices and a $60-$70 million free cash flow every year.

This implies that Rovina and, consequently, Euro Sun Mining (TSE:ESM, OTCPK:CPNFF), should be valued much higher.

In other words, right now, Euro Sun could be worth 140X its current value.

Again, Euro Sun is trading at only $0.32 right now, with a market cap of only ~$26 million (at the time of writing).

Analysts know it’s worth more, perhaps far more.

Cantor Fitzgerald’s short-term price target is $2.10.

That would equal a massive 1,000% upside.

GMP Research has given it a $3.00 price target, equivalent to a potential 1,500% increase.

And The Opportunity Is Getting Even Bigger

Investors are running for safe havens for two reasons:

1) The Middle East is about to implode, with the brazen bombing of oil facilities belonging to the kind of oil, Saudi Arabia.

2) In the middle of a never-ending trade war, smart money is already moving into hard assets because they see the equities bull run has gone on for far too long. It’s going to reverse, and gold is the key hard asset. That’s where everyone goes, first.

Recession is the anticipation amid a global economic slowdown that has seen a flattening of corporate profits.

As billionaire investor Paul Tudor recently told Bloomberg, gold has everything going for it right now and could zoom to $1,700 per ounce in a matter of months.

But the real money isn’t in buying the bullion itself…

It’s in getting exposure to gold at a discount. A technique for buying ounces of gold at cents to the dollar.

In 2016, when gold prices soared 26% in 6 months, mid-cap miners such as Endeavour Mining Corp gained 196% in 6 months, while its Ontario based competitor IAMGold gained 256% in that same timeframe.

…but some of the real winners were the shareholders of small cap miners.

Argonaut Gold’s share price jumped 298% in 6 months, and its peer Great Panther Mining saw its share price even jump by a whopping 340% in no more than 4 months after it reported a 19% rise in gold production.

But nothing comes close to what Euro Sun (TSE:ESM, OTCPK:CPNFF) could do … this is definitely the biggest discount gold story of the year.

Gold mining is a tough business and getting progressively harder with the easy-hanging fruit in open pit mines now mostly gone. For every ounce a Barrick pulls out of the ground - they typically have 11-12 ounces in undeveloped projects.

A large operator might have 60-80 million ounces of gold in proven reserves.

You can generate phenomenal returns by owning shares in A+ level companies, with A+ level deposits that aren’t yet in production.

Instead of paying $1,450 per ounce from your gold broker…

You can pay $100… $50, $25…even $3 per ounce. When gold inevitably skyrockets - you’ll benefit from extraordinary leverage.

$15B In Gold Ready to Get Out of the Ground--Now

Euro Sun (TSE:ESM, OTCPK:CPNFF) isn’t just hugely undervalued; it’s also been completely authorized.

Last November, Euro Sun defied the market by getting the approval and endorsement to go ahead with the Rovina Valley project after no one was allowed to touch it for over a decade.

This April, they got the green light to begin mining activities.

Now they’re advancing it to construction. When Euro Sun did get the permit, the market was caught sleeping. It had already priced in the lucrative Rovina Valley as a definitive no-go.

Right now, gold is trading just under $1,500. If it bumps any higher--and plenty of bulls think it will--that undervaluation undergoes an even wider gap.

5 Reasons to Keep A Close Eye on Euro Sun (TSE:ESM, OTCPK:CPNFF)

#1 The best discount gold story in years

#2 Undervalued by 600-900% at $0.32/share with price targets of $2.10-$3.00/share

#3 $17M market-cap company sitting on $15 billion in potential gold and copper revenue

#4 A team led by legendary Canadian billionaire and mining financier Stan Bharti who has raised over $3 billion in capital for junior resource companies and their shareholders

#5 Fully permitted and de-risked, Rovina Valley is the second-largest gold mine in all of Europe

Discount gold like this simply won’t last. Euro Sun has defied the market once, but the market will wake up to it soon.

There’s an art to thriving in a market downturn—and it’s all about gold.

Gold stocks have been beaten down for far too long, and now they are just like a high-tension spring - ready to explode at the slightest nudge.

Gold has everything going for it right now, with geopolitical and macroeconomic trends aligning in its favor.

Even if gold doesn’t continue soaring towards to $2,000 an ounce, the upside on Euro Sun (TSE:ESM, OTCPK:CPNFF) is all the same because it’s sitting on an estimated over 10 million ounces of gold and copper that can be extracted at under $800 an ounce.

Any way you look at it, this is gold for under $3 an ounce, but there’s no way that can last.

By. Steven Marsh


PAID ADVERTISEMENT. This communication is a paid advertisement. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Euro Sun Mining, Inc. to conduct investor awareness advertising and marketing. Euro Sun Mining paid the Publisher fifty thousand US dollars to produce and disseminate this and other similar articles and certain banner ads. Euro Sun Mining also paid the Publisher additional sums as compensation for other marketing services earlier this year.  This compensation should be viewed as a major conflict with our ability to be unbiased. 

Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price may likely occur.

This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser. This communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results. This communication is based on information generally available to the public and on an interview conducted with the company’s CEO, and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher cannot guarantee the accuracy or completeness of the information.

FORWARD LOOKING STATEMENTS. This publication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The Publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the companies’ actual results of operations. Factors that could cause actual results to differ include, but are not limited to, the success of the company’s exploration operations, the size and growth of the market for the companies’ products and services, the companies’ ability to fund its capital requirements in the near term and long term, pricing pressures, etc. 

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you acknowledge that you have read and understand this disclaimer, and further that to the greatest extent permitted under law, you release the Publisher, its affiliates, assigns and successors from any and all liability, damages, and injury from this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

TERMS OF USE. By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here http://oilprice.com/terms-and-conditions If you do not agree to the Terms of Use http://oilprice.com/terms-and-conditions, please contact Oilprice.com to discontinue receiving future communications.

INTELLECTUAL PROPERTY. Oilprice.com is the Publisher’s trademark. All other trademarks used in this communication are the property of their respective trademark holders.  The Publisher is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks.

Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News