Opportunity for Three Potential 10 to 20-Baggers Explains Ivan Bebek of Auryn Resources
Mining Stock Education - Podcast autorstwa Mining Stock Education
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Executive Chairman Ivan Bebek provides an update on the progress made on Auryn Resources’ proposed acquisition of Eastmain Resources to create Fury Gold Mines. He also discusses the future Sombrero and Curibaya spin-out companies, how to value their potential and why now maybe be the cheapest time to purchase these future spincos. Ivan explains that if shares of Auryn Resources are owned before the October 9th record date that current shareholders will receive .7 shares of the resultant Fury Gold Mines, 1 share of the Sombrero spinco and also 1 share of the Curibaya spinco which will be named Tier One Metals. Each of these three companies, Ivan believes, will have the potential to become 10 to 20-baggers each. Furthermore, Ivan lays out the vision of Fury Gold Mines and explains the path towards becoming a major gold producer. 0:00 Introduction 1:18 Fury Gold Mines Bought Deal Financing 5:15 Bought Deal closed within an hour of announcement 6:25 Deciphering current valuation of Sombrero & Curibaya spincos 9:04 Curibaya spinco’s new name will be Tier One Metals 13:05 Cheapest way to pick up Sombrero shares 18:16 Warren Buffett just bought into Japanese companies that staked land around Sombrero 21:05 How fast could Sombrero be bought out by a major? 24:28 Tier One Metals: pursuing high-grade silver discoveries 25:12 Fury Gold Mines exists to build a major mining company 28:37 Ivan’s role in Fury Gold, Tier One Metals and Sombrero spincos Ticker: AUG www.AurynResources.com Sign up for Auryn’s email list: https://aurynresources.com/subscribe/ Bought deal financing news release: https://www.miningstockeducation.com/2020/08/auryn-and-eastmain-announce-a-c22-5-million-equity-financing/ Auryn to acquire Eastmain news release: https://www.miningstockeducation.com/2020/07/auryn-to-acquire-eastmain-resources-and-spin-out-peruvian-assets/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Auryn Resources is a Mining Stock Education sponsor. The forward-looking statement found in Auryn’s most-recent presentation found at www.AurynResources.com applies to everything discussed in this interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our podcasts or videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.