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Potential Rate Cut Serious Bull Signal for Gold Stocks

HENDERSON, NV / ACCESSWIRE / April 3, 2019 / ''A Fed rate cut would be the catalyst for a bull move in gold mining stocks'', writes Jordan Roy-Byrne at TheDailyGold. History shows, many lows in gold miner stocks over the past 60 years coincided with the end of rate hikes. Fed funds futures have now showed a 56% chance of a rate cut by January 2020. However, precious metals have yet to make new 52-week highs. The gold mining stocks (as measured by the GDX and GDXJ indexes) are much closer to doing so than the metals.

Waiting for the Fed to cut rates is a risk to potential upside for investors. Investing is about anticipation. With that in mind, we found a few gold stocks to research.

The top on our list is Inception Mining, Inc (IMII). Inception Mining owns and operates a producing mine with the capacity to produce 1000 tons per day. Let's begin research today.

The 5 Gold Stocks we are highlighting: Inception Mining, Inc. (IMII), Sandstorm Gold Ltd. (SAND), B2Gold Corp. (NYSE American: BTG), IAMGOLD Corporation (IAG), and Wheaton Precious Metals (WPM).

Inception Mining, Inc. (IMII) (Market Cap: $15.182M; Share Price: $0.28) just announced that the company has completed a National Instrument 43-101 Technical Report that includes an estimate on its Clavo Rico Project, located in El Corpus, Departamento Choluteca, Honduras. The Technical Report has an effective date of 15 March 2019 and can be found on the company's website at http://inceptionmining.com/clavorico/43-101-report/.

Highlights of the Report include:

  • Economic mineralization at Clavo Rico is contained in three distinct zones, including an oxide zone, a supergene enrichment zone, and a sulfide zone.
  • Data on 96 recent and historic drill holes totaling 6264 meters of drill core yielding 2552 assays together with 827 channel samples collected from historic adits.
  • Data on an oxide zone. The oxide zone has been producing since 2015.
  • Data on a sulfide zone that was calculated using two different modeling techniques to reflect geologic uncertainties:
  • Data of the supergene enrichment zone
  • The conceptual geologic model, supported by field mapping, production records and both recent and historic drill programs suggests that significant potential exists to increase the known mineral resource with additional drilling.

Inception Mining 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.

Now's a good time to start your research on IMII.

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CoreCommodity Management LLC trimmed its stake in Sandstorm Gold Ltd. (SAND) (Market Cap $980.378M; Share Price: $5.42) by 77.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,492 shares of the mining company's stock after selling 122,076 shares during the quarter. CoreCommodity Management LLC's holdings in Sandstorm Gold were worth $168,000 as of its most recent SEC filing.

Sandstorm Gold Ltd. operates as a gold royalty company. It focuses on acquiring gold and other metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines. The company offers upfront payments for companies to acquire a gold stream or royalty and receives the right to purchase a percentage of a mine's production for the life of the mine at a fixed price per unit or at a fixed percentage of the spot price.

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B2Gold Corp. (BTG) (Market Cap: $2.745B; Share Price: $2.74) has announced favorable results for the Fekola Mine in Mali from the Expansion Study Preliminary Economic Assessment (PEA). BTG has 80% ownership of the mine, with the remaining 20% ownership held by State of Mali. The company is on track with an expansion project to boost processing throughput by 1.5 million tonnes per annum (Mtpa) to 7.5 Mtpa from the current rate of 6 Mtpa. The PEA was conducted to assess the life-of-mine (LoM) options for expanded mining and processing facility to maximize the value of the increased Indicated and Inferred Mineral at the company's Fekola Mine.

Headquartered in Vancouver, Canada, B2Gold Corp. is the world's new senior gold producer. B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties for gold deposits in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, and Namibia.

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IAMGOLD Corporation (IAG) (Market Cap: $1.591B; Share Price: $3.40), a global leader in gold mining, dropped more than 11% in February according to data from S&P Global Market Intelligence. As we await March final tallies, movements in the stock prices of gold miners are closely correlated with the rise and fall of the price in gold in general, so the stock's decline in February is unsurprising considering the price of the metal fell 0.31%.

IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America, the Essakane mine in Burkina Faso, West Africa, the Westwood mine in Quebec, Canada, and the Sadiola mine located in Mali, West Africa.

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Wheaton Precious Metals (WPM) (Market Cap: 10.498B; Share Price: $23.61) is one of the largest golds and silver streaming companies in the world. It generated nearly $800 million in revenue in 2018 -- a figure dwarfed by the $1 billion in back taxes and penalties that Canada, the country the company calls home, was trying to recover from Wheaton. No wonder investors were pleased when the two sides in this tax dispute finally reached an agreement back in December, and more recently, Wheaton's latest quarterly report shed more light on what the impact of the agreement is likely to be going forward. Wheaton exceeded production guidance for gold, silver and palladium by 5%, 9% and 41%, respectively, for the year ended December 31, 2018. In addition, annual gold production and sales in 2018 represented a record for the company. "Wheaton had an exceptionally successful year (2018) with our precious metals business exceeding guidance for gold, silver and palladium resulting in cash flows of over $475 million," said Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals.

Wheaton Precious Metals Corp. operates as a silver and gold streaming company in Canada and internationally. It has streaming agreements for 20 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

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Signed by

Priyanka Goel, CFA

Legal Disclaimer:

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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