Market's view on Golden Metal Re
Published on April 2024
- Golden Metal’s CEO, Oliver Friesen, has announced the launch of a drilling program aimed at expanding in-ground resources and gathering data for the project’s first economic study, highlighting the critical need for domestic tungsten sources in the USA.
- The company is active in promoting its ventures, with Friesen participating in the Midweek Takeaway and significant geophysical results from the Garfield project being discussed.
- Golden Metal will be participating in the Energy Transition Metals Summit in Washington DC, indicating its active engagement in relevant industry events.
- The company has been experiencing financial activities such as the exercise of warrants contributing £30k to their funds, and another instance where £158k was raised for drilling and exploration at Garfield.
- A positive discussion about Golden Metal was featured on the Sunday Roast podcast, with former CEO Paul Johnson discussing the company’s undervaluation.
- Stock watcher discussions include insights from a Kitco interview where Golden Metal was highlighted as a promising investment, especially appealing to US investors due to its strategic tungsten assets.
- There are references to internal confidence in the company’s prospects, demonstrated through insider share purchases and discussions on potential government funding.
- Concerns are mentioned about coverage from specific media possibly being detrimental to company reputation.
- Discussions around the strategic significance of tungsten for various applications, including ammunition, which could be crucial given current global contexts.