Analysts and Chartists predicting that gold is going to re-rate upwards.
Many follow what these ‘experts’ say and this can become a self-fulfilling prophesy. The herd arrive and the share prices goes up.
The Swiss Cheese model suggests that when everything aligned the unexpected happens. The share price rise could therefore when it happens according to the theory be significant.
1. Resource
Metal Tiger have investments in the following companies involved in gold exploration.
Arkle Resources 9.67m shares
Los Cerros 2.5m shares
IMetal Resources £670k investment
Sandfire Resources 6.57m shares
Greatland Gold 9m shares
Auurlius Minerals 2m shares
Southern Gold 22m shares
Beta Resources 9.99%
Sable resources 1m shares
+ investments that haven’t been announced to the market.
2. Countries of operation.
The 9 known investments are in Columbia, Ireland, Canada, Australia, Chile and Mexico. This is a diverse area of operations.The following graphic highlights Metal Tigers Gold interests.
3. Share prices are heading North
In the month of April the following notable gains have happened to the share prices of the companies MTR are invested.
- Los Cerros 160%
- Greatland Gold 89%
- Arkle Resources 42%
- Sable Resources 25%
- Sandfire Resources 15%
It remains to be seen if these movements will impact the Metal Tiger share price or indeed be replicated in May.
Conclusion
Mice are nibbling around the edges buying MTR shares, preparing for the possible share price rerate. The cheese holes are all aligning, many LTH’s are about to reap the rewards.
The share price rerate will be quick.
Where else for one investment can you get exposure to 9 gold plays?
