My $687,000 Bet on the Gold Magnate You've Never Heard Of
My Largest Investment Ever in the Gold Sector. Plus, Preventing WW3 and Its Implications for Investors
The way I see it, a bet on gold today is a bet on governments continuing to bribe voters with handouts paid for by borrowing and printing money.
It’s a very safe bet and I recently bet big on it.
I’ve staked $687,000 US Dollars in a gold company you’ve likely never heard of… but soon will.
I expect this firm will have over US $300 million in annual cash flow starting in 2026 with 20+ years of solid production. Incredibly, its valuation is just $350 million. This isn’t a pre-revenue explorer. It’s already earned over $90 million EBITDA in the first 3 quarters of the year.
The best part is the company doesn’t need to issue a single share to fund its aggressive growth prospects. It has $332.8 million in cash and available project funding, which is 95%* of its market cap.
Even better, this company is led by a serially successful value creator. A winner. This often overlooked CEO has a remarkable track record in creating shareholder value. He’s backed by an exceptional team for financing and building mines.
With five impressive projects, each capable of surpassing the company's current valuation in a better gold market, this investment is my largest in the mining sector.
Monday I’ll tell you all about it.
My Secret Weapon and the Road to WW3
I made the drive out to Langley for my friend's mom's funeral recently. She had fought ALS bravely, and I wanted to support him.
15 years ago, my mom insisted I meet this guy from broadcasting. I was not interested. However, when she mentioned that he drove a 1991 Mercedes SL 500 (I had a '87 560 SL), I decided to give it a shot.
Jonathan Roth and I met at a White Spot restaurant in South Vancouver. He worked in video production, while my focus was on web development. He struck me as impressive but a bit too polite for my liking.
When he mentioned how expensive good videos cost to produce (~$10K per minute), I lost interest. I was charging the same amount for full corporate websites and couldn't see how we could collaborate. I was a little disappointed in my mom for pushing the meeting. After comparing cars in the parking lot, we went our separate ways.
Years later, we crossed paths again at a mining conference where I was working. Jon started producing conference content to suit our modest budget, and I quickly realized what a force of nature he was.
Jon stood by me for every CEO.CA video, every marketing opportunity. In Albania, he boldly knocked on the prime minister's door, securing crucial meetings and interviews. He became my secret weapon.
Jon's interview with Zimbabwe's Mugabe reflected his curiosity and determination. We travelled together, engaged in constant debates, and sparked new ideas, becoming like brothers.
As I made the drive to the funeral, I couldn't help but reflect on our growth together.
During the service, Jon shared his origin story, rooted in a faith-driven family. He spoke of his beloved mother, Connie, a nurse and pastor’s wife, and his heartfelt tribute moved everyone there. I felt immensely proud of him.
For years, I had been encouraging Jon to launch his own platform. Despite his success in making documentaries for other financial luminaries, I always believed he had more talent than any of them.
Last year, Jon finally accepted the idea, but he postponed the launch to care for his ailing mother.
Now, with his own three sons grown into fine men and the timing finally right, "Resource Wars" is set to launch.
Jon has organized an incredible Nov 30 online event focused on preventing WW3 and its implications for investors.
He has secured improbable guests, including Erik Prince, founder of military contractor Blackwater, George Friedman, founder of Stratfor, a private intelligence service, and General Wesley Clark, former NATO Supreme Commander Europe. This isn’t a canned cable news event, but rather the private views of the world’s best experts on a looming global conflict. You won’t be able to access these talks anywhere else online.
It promises to be an amazing event, and Resource Wars will be an important source of insights and opportunities in the years ahead.
Jon recently participated in a brilliant interview with Jay Martin, discussing the road to WW3. Watch it here.
You should join me in registering for the event.
Click here for more details and to sign up.
I’ll be sharing details on my big gold bet Monday.
Don’t miss my next email.
*In a previous version of this post, we incorrectly stated that the company had more cash and project funding on hand than its market capitalization. However, the company has since provided updated figures, and it's now clear that cash and available project funding amount to approximately 95% of the company's current market cap, totalling $210.8 million in cash and $122 million in available project funding.