GoldMining PEA outlines $532M value, 10-year life for São Jorge project
- •I've been keeping an eye on the junior miner space for a while now, looking for those undervalued plays, and this definitely has me thinking.
- •This São Jorge PEA really highlights that potential.
- •It's exactly the kind of thing that could fuel my retirement fund if it plays out, you know?
Hey everyone,
Just read this article over on Mining.com about GoldMining's São Jorge project: https://www.mining.com/goldmining-pea-outlines-532m-value-10-year-life-for-sao-jorge-project/. It's an interesting one, especially since it talks about how rising gold prices are making these smaller, development-stage projects look a lot better economically. They're talking about a $532M value and a 10-year mine life, which for a project that might have been overlooked a few years ago, is pretty significant. I've been keeping an eye on the junior miner space for a while now, looking for those undervalued plays, and this definitely has me thinking. With my own portfolio, I've got a decent chunk in some more established producers, but I'm always on the hunt for something that could really pop as commodity prices continue to climb. This São Jorge PEA really highlights that potential. It's exactly the kind of thing that could fuel my retirement fund if it plays out, you know?
What do you all think about these smaller projects getting a boost from higher gold prices? Are you looking at any junior miners more seriously now, or do you still prefer to stick with the majors? I've been burned by a few earlier-stage projects in the past, so I'm trying to be more cautious, but the potential upside here is tough to ignore. Would love to hear your thoughts and if anyone else is following GoldMining specifically. My wife's always asking me about my "gold stocks," so I'm trying to make smart moves!