In a recent interview on Stijn Schmitz, YouTube channel, Jeremy Gray, CEO of Gold Road, detailed ambitious plans to bring the Arizona-based gold mine back into production. Gray’s confident outlook and the mine’s unique advantages have sparked considerable interest in the precious metals sector.
Gray, a veteran in the gold mining industry, described Gold Road as potentially “the best gold mining restart in the USA,” citing its strategic location, existing infrastructure, and advanced permitting status. The company aims to capitalize on what Gray believes is a burgeoning gold market in America.
The Gold Road mine, situated in a historically rich mining region of Arizona, boasts a significant advantage: it is fully permitted and ready for immediate operation. “You rarely get a chance to find these sorts of mines… fully permitted, ready to turn on,” Gray explained in the interview. This eliminates the lengthy and often complex permitting processes that can hinder new mining projects.
The site also comes equipped with existing infrastructure, including a rod mill, a ball mill, and a substantial stockpile of high-grade historic tailings. According to Gray, this stockpile alone contains an estimated 50,000 recoverable ounces of gold. “I’ve never seen a restart like this,” he stated, emphasizing the exceptional condition of the equipment due to Arizona’s climate.
Beyond the Gold Road project, Gray expressed a highly optimistic view of the gold market in the United States. He predicts a “massive new gold boom” in America, driven by a shift away from technology and finance towards tangible assets. Gray also noted the growing consensus among financial institutions regarding a strong gold price outlook, echoing his projection of $4,500 per ounce by the end of the year.
“I cannot think of a more profitable business in America today than gold mining,” Gray asserted, confidently predicting that gold will outperform even the most hyped sectors like technology and artificial intelligence in the coming years.
Currently a private company, Gold Road is offering investment opportunities to sophisticated investors before a potential public listing. “We want to allow our investors to come in at a very low valuation,” Gray explained, highlighting the potential for significant returns. He also mentioned that several “shells” have approached them regarding listing this year, suggesting a potential IPO could be on the horizon.
Interested investors are encouraged to visit goldroadusa.com and reach out to their team for more information. “Go on to goldroadusa.com ask for Ed Balm and say you know you watch the video Just tell us your number and we’ll give you a call,” Gray invited.
Jeremy Gray’s enthusiasm for the Gold Road project is infectious, and his track record in the mining industry lends credibility to his claims. The combination of a fully permitted mine with existing infrastructure and substantial resources presents a unique opportunity for a rapid and potentially highly profitable restart.
The current macroeconomic environment, with rising inflation concerns and geopolitical instability, often bolsters the appeal of gold as a safe-haven asset. If Gray’s bullish predictions for gold prices materialize, Gold Road stands to benefit significantly. The potential for a near-term IPO could also provide early investors with liquidity and further upside potential.
However, as with any investment in early-stage ventures, potential investors should conduct thorough due diligence and consider their risk tolerance. While Gray paints a compelling picture, the success of the mine’s restart and future profitability will depend on various factors, including operational efficiency, market conditions, and the successful execution of their business plan.
The Gold Road project, as presented by CEO Jeremy Gray, offers a compelling narrative of a near-term gold production opportunity in the United States. With its advantageous permitting status, existing infrastructure, and the potential for a public listing, Gold Road could represent a significant opportunity for investors looking to capitalize on the anticipated resurgence of the gold market. As Gray himself stated with palpable excitement, “I have goosebumps talking about Gold Road. Just amazing.”
Watch the full interview:
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