GoldMining Inc. is the ultimate leverage on a gold-only basis.It’s unreal what this company has accomplished.They’ve acquired so many gold ounces in the ground that it would now place them among the top 10 central banks for gold holdings in the world.
Right now, the market is valuing this company at less than $10 per ounce of gold in the ground. Their recent acquisition has them buying millions more ounces at around $3 per ounce of historical gold resource in the ground.
You can buy shares today for CAD$1.60, H.C. Wainwright has a price target of CAD$4.50.
The reality is, this stock can go a lot higher and quickly, as larger investors will be looking to partner with what
Recommendation: Consider buying shares of GoldMining (TSXV: GOLD & US: GLDLF).