Rick Rule Fireside Chat With Lundin Group Executives

Rick Rule fireside chat with Lundin Group executives at VRIC 2020. Get the Secrets of Making Money in Gold & Gold Stocks today ➽ http://bit.ly/SecretsofGoldStocks In this video Rick Rule moderates panelists from the Lundin Group who give statements on their current projects including projections, costs, and potential value. Rick Rule is the Director, President, and CEO of Sprott US Holdings, Inc. Lundin Group Executives: Ron Hochstein - CEO & Director, Lundin Gold Corp. Adam Lundin - President, CEO & Director, Josemaria Resources Inc. Jamie Beck - President, Filo Mining Corp. David Cates - President & CEO, Denison Mines Corp. Rick Rules #1 Rule to Making money in the Resource business is to backing great people who are serially successful people. The Lundin family have built their companies in lean times and prospered in the good times. They have built real value. And their companies make some of the best investments for 2020. Ron Hochstein on Lundin Gold: Ron is providing forward looking statements for Lundin Gold: In Q4, 2019 Lundin produced gold in Fruta del Norte for the first time in 5 years. Lundin has taken Fruta del Norte from acquisition, to production and raised one billion in capital in five short years. In Q2, 2020 Fruta del Norte is being ramped up for commercial production. Fruta del Norte currently has five million ounces in current reserves at 8.6 grams per ton -site has produced gold as concentrate and gold doré - mining production is on schedule and on budget. Production: *310k Gold ounces per year *400k ounces in silver *15 years of life mine (planned to last longer) Current production cost is $621 dollars an ounce Expected costs to raise in 2020 as expenses go up - Great free cash flow business considering gold is trading at nearly $1700/ounce Free Cash Flow: 2020 - 6.6% 2021 - 10.23% 2022 - 15% $130 Million Cash on hand Significant yield as a percentage of market cap relative to peers in the gold mining industry. The four factors that will make a successful future for Lundin Gold: 1. Fruta del Norte ramping up to commercial production in Q2 2. Mine development is ahead of plan 3. Exploration upside in the area 4. Strong community support in Fruta del Norte Adam Lundin on Josemaria Resources Inc: 200 million market cap with Ludin Family owning 36% of shares San Juan Argentina is a very pro mining jurisdiction 100% Owned & Explorer Developed - Positioned great for the next copper/gold bull cycle Probable Reserves as of Q4 2019: *6.5 Billion Pounds of Copper *6.5 Million Ounces of Gold *29 million ounces of Silver $2.9 Billion NPV at 21.4% IRR Pre Tax - Mine Life 25 Years Average Annual Production: Copper- 125,000 tons Gold - 230,000 oz Silver - 790,000 oz Feasibility Study to be completed by Q3 2020 Jamie Beck on Filo Mining Company : 176 Million Market Cap - with Lundin Family owning 36% of shares Filo de Sol mining project in South America - Hose Maria * 4.4 million ounces of Gold - * 147 Million ounces of Silver * 3.1 Billion Pounds of Copper 13 Year mine Life - massive area of exploration. 10,000 meter drill target for 2020. David Kates on Denison Mines: Uranium sector is an unloved commodity currently. The fundamental picture is improving day by day. Flagship asset is the Wheeler River project which is in development stage which has 305,000 hectares of prospective exploration. Phoenix estimated to have lowest cost of any undeveloped Uranium mine. Fourteen year mine life. Capex of $322.5 Million Combined 109.4 Million Pounds of probable reserves. $9.00 fully loaded all in price per pound to produce. Possible 6 million pounds per year. First production in mid 2020. Denison is using the Griffin deposit development site as future leverage and contract cover. Studying the Hydrogeology to carry out mine planning has been very promising. If you liked this video from VRIC 2020 we have more great ones for you here: Fireside Chat with Ross Beaty & Marin Katusa https://youtu.be/jiV1oBE6-sU Why Liberty Gold Stock Is A Must Own Investment For 2020 https://youtu.be/an0r6tAPKis Peter Schiff VS Brent Johnson: The Future Of The US Dollar https://youtu.be/hT32GoZNCaw The Ultimate Gold Forecast For 2020 https://youtu.be/EK2Y9fVEbD0 #RickRule #Investing Copyright © 2020 Cambridge House International Inc. All rights reserved.