HENDERSON, NV / ACCESSWIRE / March 6, 2019 / Gold has made its first major pullback since starting its rally in October. This is an opportune time to look at gold stocks while the price is still low.
One we're looking at is Inception Mining, Inc. (IMII), which owns and operates a producing mine with the capacity to produce 1000 tons per day. IMII is prime for a parabolic run once the street learns their story. Start your research today.
Inception Mining, Inc. (IMII) (Market Cap: $10.135M, Share Price: $0.18) is a producing gold mining company engaged in the identification, exploration, acquisition and development of mineral properties. IMII owns and operates the Clavo Rico mine. This producing gold mine is located on the 200-hectar Clavo Rico Concession, located in southern Honduras. The area has been explored and proven to be a profitable source of gold reserves since the 16th century, originally by the Spanish and more recently by the local residents. The current operation has the capacity to process up to 1,000 tons of material per day, with low recovery costs. The initial focus has been directed towards precious metals after recognizing the current state of the industry and the multiple opportunities that have surfaced due to the economic upheaval in the sector. Inception plans to capitalize on the availability of a surplus of resources in all segments, including geological, mining, equipment, and processing. While others are suffering, Inception may realize a significant advantage due to high mined material values coupled with tight cost control measures and availability of mining resources.
Besides their producing mine, the company also has a few potential producing properties in U.P. & BURLINGTON and their NEVADA EXPLORATION project.
Now's a good time to start your research on IMII.
Goldcorp, Inc. (GG) (Market Cap: $9.505B, Share Price: $11.04) received good news when Newmont rejected Barrick's bid and stuck with their deal to acquire Goldcorp. Newmont had announced the Goldcorp deal in January, whereby Newmont would acquire all of Goldcorp's outstanding common shares in a stock-for-stock transaction valued at $10 billion.
Kinross Gold Corporation (KGC) (Market Cap: $4.027B, Share Price: $3.25) reported a fourth-quarter loss of $27.7 million after reporting a profit in the same period a year earlier.
The Toronto-based company said it had a loss of 2 cents per share. Earnings, adjusted for non-recurring costs, were 1 cent per share.
Yamana Gold Inc. (AUY) (Market Cap: $2.345B, Share Price: $2.50) declared a first quarter 2019 dividend of $0.005 per share. Shareholders of record at the close of business on March 29, 2019 will be entitled to receive payment of this dividend on April 12, 2019. The dividend is an "eligible dividend" for Canadian tax purposes.
Gold Fields Limited (GFI) (Market Cap: $3.193B, Share Price: $3.82) recently reported their 2018 results and 2019 guidance, their gold production of 223,152 ounces at AISC1 $1,072/oz, exceeding 2018 production guidance and within the lower end of cost guidance.
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a three-month term consulting agreement with IMII signed 02/12/2019. The agreement calls for $25,000 in cash and 10,000 restricted shares of IMII per month. All payments were made directly by Inception Mining, Inc. to Regal Consulting, LLC to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. IMII was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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