This is a review of Leagold Mining. What is Leagold Mining? What do they offer 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: Leagold Mining
Official Website URL: https://www.leagold.com/
CEO: Neil Woodyer
Products: Gold, mining stocks
A lot of work goes into the creation of a company that is expected to offer consistent growth to the investors’ wealth. It is expected that any company of this kind should come up with a very suitable strategy to see to it that it does deliver exemplary results at the end of every financial year. In this review, we shall be looking at Leagold Mining, as we try to unearth the very core elements that influence its continued success in the industry it operates in. Let’s find out:
– What Leagold Mining is about
– How it manages its main operations
– The main product it offers to consumers
– Whether it is a genuine company
– The investment opportunities you can take up as an investor
– The main alternatives to these investments
– The main pros and cons of this company
What is Leagold Mining?
Leagold Mining Corporation is a well-established Canadian-based company that deals with the production of gold. This mid-tier gold producer has its focus on the Latin America region where it carries out its activities with the required prudence, in order to ensure that it remains ahead of the competition always.
This company is the proud owner of four gold mines as well as two development projects which are distributed across Mexico and Brazil. It is well-positioned to achieve success on a year-in-year-out basis with its very strong shareholder base, a very motivated management team, along with very deeply-running relationships with companies and investors in the gold mining industry.
Leagold Mining’s inventory contains gold reserves amounting to 7.1 million ounces, and it expects to rely on its production capacity to offer value to shareholders through the maximization of its cash flows upon the sale of this gold.
How it works
Leagold’s success is pegged onto its ability to manage its 4 mines in Brazil and Mexico. In 2019, for instance, it expects to have a total production of 380,000 to 400,000 ounces of gold. This is only a fraction of its huge gold reserves which it holds for future mining and refining.
Its operational mines are:
– Los Filos Mine
– RDM Mine
– Fazenda Mine
– Pilar Mine
Its development projects on the other hand are:
– The Los Filos Expansion
– Santa Luz
Leagold’s activities in its development projects are expected to lengthen its mine life, as it continues to serve its shareholders and stakeholders.
Currently, Leagold Mining is solely focused on the production of gold, which it relies on for its financial gains. This company’s gold serves a very large market in the neighboring geographical regions as well as the international markets, where small scale and large scale buyers purchase the minerals for their own use. Leagold’s position in the gold supply chain can, therefore, not be ignored. This company is well on the way to producing half a million ounces of gold on annual basis, and it expects to deliver more as it scales up its operations in its development projects in Los Filos and Santa Luz.
Is it a genuine company?
Leagold Mining is a genuine company that has its headquarters in Vancouver, Canada. It was founded in 1981, and has been serving all relevant stakeholders since then. Had it been a fraudulent company, its activities would have already been terminated by now. Its genuineness can also be traced back to its management team which plays a big role in survival and growth. Its most senior leaders include:
– Neil Woodyer – Chief Executive Officer and Director.
– Attie Roux- Chief Operating Officer.
– Doug Bowlby – Senior Vice President, Corporate Development.
– Doug Reddy- Senior Vice President, Technical Services.
– Richard Thomas- Senior Vice President, Operations.
– Peter Burger-Senior Vice President, Operations in Mexico.
– Cornelius Lourens- Senior Vice President, Operations in Brazil.
– Harpreet Dhaliwal – Vice President, Finance and Chief Financial Officer.
– Meghan Brown- Vice President, Investor Relations.
Leagold’s excellence in the mining sector has been cultivated over the years. You can partake in this excellence by purchasing the stocks that it offers. With its track record of performance, you can expect to gain huge profits by purchasing shares and holding them over a long period of time. Leagold offers its stocks through the Toronto Stock Exchange, and they are traded under the ticker LMC. They are also traded on OTCQX under the ticker LMCNF.
Seasoned investors can agree with me that investing in stocks requires a lot of precision in timing and the right amount of capital, in order for one to make any investment income. This is only possible if an investor has the right information about the stocks to sway their decision-making process. The presence or absence of information makes all the difference between those who succeed and those who don’t succeed. With a reliable source of credible information such as Resource Insider, you can be counted amongst those who actually succeed.
Alternatives to Leagold Mining Corporation stocks
Stocks and indexes can be very good investment instruments until one major blow hits the company offering them. Unprecedented forces in the market such as political instability can also cause their prices to deteriorate. This is the reason it is very prudent for you to go with the assets that will weather the frequent chaos in the current world. You need to rely on assets such as physical gold, which is actually used to hedge against currency fluctuations and is used in some of the main indexes in the world. All you need to do is to open a gold IRA account with a 401 (k) account provision company such as the ones on our top 5 list, which are dedicated to ensuring that your physical gold is safely stored.
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 might be a wise thing to compare the positive sides against the negative ones to get a better overall view over something before you make any decisions. As always in our review we provide you with some clear points on both sides of the spectrum:
– Has been in operation for a long period.
– Has large mineral reserves
– Diverse portfolio of assets.
– If this company performs poorly or crashes then you can make huge losses.
Do You Own or represent Leagold Mining?
If you are a representative, or associate of Leagold Mining 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 Leagold Mining 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 Leagold Mining 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