Aussie CPI inflation shocks economists
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The Australian Bureau of Statistics (ABS) has released the consumer price
index (CPI) for the March quarter, which recorded a headline inflation rate
of ...
2021-04-09
GoldSpot Up 100pc in 6 Months
I first posted here about six months ago. This is second only to Chalice in my mining portfolio, and really it is number-one in terms of how much capital I put into the trade. Chalice is currently a 39-bagger for me.
GoldSpot uses AI to find mining targets. They are now running a profit on the software/consulting business. The "free" upside is they take royalties and equity in companies in lieu of payment. Annualizing earnings from Q4 (mostly investment gains), the company trades at a P/E of less than 3 even with today's price increase. Company has a strong cash position and a portfolio of royalties. Chart is completing a massive base that goes back to inception.
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