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The breakout in gold prices since February has been largely ignored by mainstream investors...investment advisors have less than 1% exposure to gold, the highest percentage of aversion since 2019.
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A company associated with famous North American uber gold bull Pierre Lassonde is underwriting a A$10.2 million non-renounceable rights issue being undertaken by explorer Southern Cross Gold.
Costco, which started offering gold bars last year online and in a few stores, has been selling out within hours. Gold buyers, especially those on the younger side, say it is a hedge against catastrophe.
A potential future new gold mine near Melbourne, Victoria, has been sketched out by capital markets firm Bell Potter.
Southern Cross Gold intends to dual list on one of the Canadian exchanges. SXG is up 900% since listing in 2022.
On March 5, Southern Cross reported its best drill intercept yet at the Sunday Creek project, with hole SDDSC107
Michael Hudson and Kenny Bush go into a deep dive discussion with Gorm Henriksen of ValPal Equity Research about the history and strategy of SXG going forward, including the intention to list in Canada, but also the geological model at Sunday Creek looking at the continuity of grade in individual veins and the strike expansion potential both the the east and west of the main drill area. There are detailed timestamps below the video for you to jump to whichever topic you'd like to listen to.
Michael Hudson discusses the release of hole SDDSC108A which has the highest grades at Apollo at depth. With seven intercepts of >15g/t Au and three new vein sets stretching 150 m east of previous drilling, SDDSC108A is just the latest hole demonstrating further grade and volume at Sunday Creek.
Michael Hudson discusses the release of holes SDDSC106 & 109 which demonstrate that Apollo Deep is following in the footsteps of Rising Sun by increasing the volume and grade at Sunday Creek.
MD Michael Hudson discusses the release of nine drill hole results fanning out into the Rising Sun Upper and Lower prospects that go further to demonstrate the continuity and predictability of gold-antimony mineralisaton at Sunday Creek.
Michael Hudson discusses SXG's Exploration Target for the Sunday Creek Project.
Michael Hudson discusses vein morphology and continuity of vein sets and grades at the Sunday Creek project
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