Today we review Atlantic Gold Corporation. What is Atlantic Gold Corporation? What do they offer to you (the investor)? Are there better alternatives? This are just a few of the questions we help you answer in this short review!
Name of the company: Atlantic Gold Corporation (Acquired by St. Barbara)
Official Website URL: https://stbarbara.com.au/
CEO: Bob Vassie
Products: Gold, Gold stocks
Even after being acquired by St Barbara, the Atlantic Gold Corporation’s legacy still lives on in the Atlantic Gold operation. In this review, we shall be looking at St. Barbara’s operations, with a particular bias towards the value it offers to shareholders through the operations in the Atlantic Gold Operation mines. The main elements we shall be addressing include:
– What is St. Barbara?
– How does it go about its operations?
– Which products does this company offer?
– Is this company a genuine one?
– Which investment opportunities does it offer?
– Which alternatives to these investment opportunities can investors take up?
– What are the main pros and cons of St. Barbara?
What is Atlantic Gold Corporation?
Atlantic Gold Corporation currently runs under St. Barbara, an Australian-based mining company which owns three major mines distributed across different parts of the world. The other two mines are the Leonora Operations that are located in Western Australia and the Simberi Operations that are located in Papua New Guinea. The Atlantic Gold Operations are located in Nova Scotia, Canada.
As at the end of June 2019, St Barbara’s had mineral reserves amounting to 12 million ounces. The acquisition of the Atlantic Gold Corporation along with its operations in Nova Scotia only worked to increase St. Barbara’s total mineral reserves. The Atlantic Gold Operation is expected to be productive until 2030. The operation bears a lot of exploration potential, and it is highly likely that St Barbara will proceed with the development of this mine.
How it works
St. Barbara maintains its position in the market by remaining focused on the strong margin gold operations. This goes along with the acquisition of already developed mines in various regions in the world. This plays a huge role in the diversification of its operations. St. Barbara’s acquisitions are very strategic. This company’s mines are characterized by their proximity to:
– Water and social infrastructure
– Accommodation for the miners
– Power generation
– Treatment plants
Also, this company makes acquisitions of operations that have a long life and those that bear a large exploration potential. St. Barbara also constantly optimizes the economic value of its exploration portfolio in a bid to ensure that the exploration programs give rise to maximum gains, which in turn leads to the growth of its assets as well as those of relevant stakeholders.
This company’s production activities give rise to gold. As already put across, this company reserves had an estimated 12 million ounces of gold, which it expects to deliver to the market. The acquisition of Atlantic Gold Corporation translates to more potential to deliver the gold to the market, in order to offset the demand and supply curve as necessary. This company is able to deliver several thousand ounces of gold per year to the market, with its Simberi operation, for instance, being able to produce up to 100,000 ounces of gold.
Is it a genuine company?
St Barbara is a genuine company. Its acquisition of the Atlantic Gold Corporation lies as one major proof that it is indeed a legit company. Acquisitions require the approval of board committees and shareholders, and there is no way that either company would have accepted to get into this deal if any hints of fraud were detected.
The top executive officers in St Barbara are people who you may have already come across in various news broadcasts. They include:
– Bob Vassie –Managing Director and Chief Executive Officer
– Garth Campbell-Cowan- Chief Financial Officer
– Rowan Cole- Company Secretary
– Maryse Belanger- President Americas
This company has operations in Papua New Guinea, Canada, and Australia. There are different laws within these three territorial borders that easily help to control any illegalities that St. Barbara would be intending to carry out.
Prior to its acquisition, Atlantic Gold Corporation was offering its stocks to investors through TSX Venture Exchange. All its trades were closed on July 22, 2019, and it ceased to be a reporting issuer of stocks under the Canadian securities law, according to Bloomberg. If you have any intention to invest in the Atlantic Gold Operation, you can only do so by purchasing stocks offered by St. Barbara.
St. Barbara is a publicly listed firm that offers its stocks through the Australian Stock Exchange. Its stocks are traded under the ticker SBM.
Alternatives to St. Barbara’s stocks
St. Barbara brings stocks whose prices are bound to experience ups and downs. If this company’s mining operations do not go as expected, its stocks can be affected negatively. With any negative news about this company being released to the general public, you can expect the same decline in stock prices. If you do not want to walk around keeping your eyes open for news about this company, then you should try investing in assets that come with much more stability. Investing in physical gold through a company through a gold IRA service provider such as one on our top 5 will set you free of worries since this asset has been observed to withstand some of the worst economic crises on a global scale. Such companies offers you custodial services that ensure that your gold is safely stored, as you wait for its value to increase over a long term investment horizon.
If you have faith in paper assets, including mining stocks, then you can still make huge profits by investing them in the right manner. This is possible if you pay for the Resource Insider which is offered by Capitalist Exploits. With it, you can learn about all lucrative and very profitable investment deals as soon as they come up, for you to invest your funds immediately, in a bid to ensure that the growth of your wealth is guaranteed.
Think about it:
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry and get (huge value) insider info.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and cons
It is always wise (and recommended) to compare the positives against the negatives to get a better overall view of something. As always in our reviews we provide you with some clear points on both sides of the spectrum:
– A diversified portfolio of assets
– Has major exploration activities being conducted
– Has huge mineral reserves
– Has long life mines
– It offers stocks which can be affected by uncontrollable and unexpected forces of the market.
Do You Own or represent Atlantic Gold Corporation?
If you are a representative, or associate of Atlantic Gold Corporation and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to firstname.lastname@example.org.
Final words and verdict
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of Atlantic Gold Corporation pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Atlantic Gold Corporation to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com