True Gold Worth Considering After Gold Stream Deal, New Cement Contract
Hard Asset Investments • Tue, Sep. 9
- True Gold Mining is developing a low-cost, heap-leach Karma gold mine in the mining friendly country of Burkina Faso, West Africa.
- The company recently landed a $120 million financing package with Franco Nevada and Sandstorm Gold, plus a new cement contract which should lower all-in sustaining costs by $40 an ounce.
- True Gold is fully-funded to production and Karma holds considerable exploration upside; I think shares are a buy at current prices.