To The Moon

$Santana Minerals Ltd(SMI.AU)$ Is it a good time to buy gold? Probably not given gold is trading at record highs. Then again with all the economic headwinds at present maybe gold hasn't peaked, and it's still a good buy. 

But wait a minute, what about investing in companies that mine for gold. What if some gold mining companies Have not followed the upward trend of gold? Well Santana is an example of this, yes sure the company has been a penny dreadful in the past but it's now trading roughly 50% off recent highs. And it also just announced very promising results from its test drilling in New Zealand. Combine this with the new NZ governments complete reversal for anti to pro mining, and fast tracked resource consent for mining, and there's some nice tailwinds for Santana. 

Wait a New Zealand company I hear you thinking, I can't invest in that. Well actually it's an Australian company so you can. according to the CEO just one of their Four current prospect mines has the potential to produce 110 thousand ounces of gold per year, which equates to around $4billion nzd over the next ten years at current prices. 

Now I get it, that's Merely a dribble in the bucket of world gold production. But resource consents to mine are expected by the end of this year, so I'm dipping my toe in the Santana water for now. Nothing I can't afford to loose completely, but I think it's worth a wee crack.

Why am I even discussing a stock that none of you have probably ever heard of. Well that's exactly why. I like stocks with huge future potential, that nobody has heard of... until everyone has. Like $NVIDIA Corp(NVDA)$  If only...@TigerPicks @TigerClub @TigerWire @Daily_Discussion @TigerPM @Tiger_chat