This is a review of Premier Gold Mines Limited. What is Premier Gold Mines Limited? 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 review!
Name of the company: Premier Gold Mines Limited
Official Website URL: https://www.premiergoldmines.com/
CEO: Ewan Downie
Products: Gold, Gold stocks
In today’s review we look at Premier Gold Mine. This company has held its ground ever since it was created, all thanks to the effective execution of its strategic plan. Is this company also executing strategies that facilitate the delivery of more value to investors though? Let’s find put by answering the following questions:
– What is Premier Gold Mines?
– How does it run its activities?
– Which are the main products that it offers?
– Is it a genuine company?
– Which are the investment opportunities that are offered by this company?
– What are the alternatives to these investments?
– What are the pros and cons of this company?
What is Premier Gold about?
Premier Gold Limited was founded in 2006 as an exploration company but has successfully transitioned into a gold production company. This company currently prides itself on being a North American focused company that has an impressive portfolio of assets. Its assets mainly comprise of early exploration mines and massive production mines, which it relies on to generate revenue all year round. Premier Gold’s projects are situated in the world’s most sought-after mineral reserve districts, and this makes it a company whose value is not expected to dwindle any time soon.
This company’s mantra is “A world of opportunity”, and it factors in the company’s purpose, its strategy and the values that are critical to its success and to the well-being of its employees, and families of those who live in the local communities within which its projects are situated.
How it works
Premier Gold Mines keeps up with the competition by investing heavily in its production and advanced exploration projects. At the moment, this company is advancing a portfolio comprising of 8 projects, broken down as follows:
– 2 operating mines ( South Arturo Gold Mine that it has a 40% interest in, Mercedes Mine that it fully owns)
– 2 advanced exploration projects (Cove Project in Nevada, and Greenstone Gold Mines that it co-owns with Centerra Gold)
– 4 exploration properties in its pipeline.
The company executes its strategy with the objective of creating a long-term growth-oriented company.
This company produces gold that can be relied upon by a variety of users in the value chain. This company’s intention is consistently to supply the gold demanded in the market place. In 2019, for instance, this company targets a total production of 75000 to 85000 ounces of gold, which it expects to produce at an AISC of $900 to $950.
Is it a genuine company?
Premier Gold Mines is a legit company. Some of the main elements that go a long way into proving its genuineness include:
– This company has presented images and maps of its projects on its official website, which you can have a look at and actually confirm that this company runs the operations it claims to.
– Premier Gold Mines Limited also co-owns the South Arturo Gold mine with Barrick Gold Corporation that is amongst the top gold production companies in the world.
– This company has been in operation for more than a decade now, and its activities would (most likely) have been flagged by the government if it been suspected of running fraudulent activities, right?
As an investor, one of your main interests would be in knowing whether this company offers an opportunity to make an extra income. Fortunately enough, this company is a publicly-traded firm that has its stocks listed on the Toronto Stock Exchange. These stocks are traded under the ticker PG. Premier Gold is a growth-oriented company and promises to deliver value to all shareholders. The numbers, however, do the talking, so it advisable to look into this company’s stocks’ historical trend before spending a single dime to invest in them. Yahoo Finance offers you a brief snippet of how this company’s stocks have been performing.
Alternatives to Premier Gold Mines’ stocks
Capitalist Exploits makes investing in stocks a surer venture, regardless of the fact that they are more often than not very volatile assets. With the Resource Insider, you will always have an advantage over every investor who relies on mining stocks. The main reason behind this is that Resource Insider only brings to your attention the investment deals that are guaranteed to be successful.
If you still want to minimize your chances at loss-making, however, then you should invest in physical gold through a precious metal IRA company such as Regal Assets, which safely holds the gold for you until you are ready to sell it. As opposed to storing the gold on your own, you should rely on Regal Assets so that you can get the tax-advantage benefits that are only available to gold IRA owners.
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.
With a company such as Regal Assets, for example, you can invest in an IRA.
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:
– Has a portfolio of very promising assets
– Empowers local communities
– Does sustainable mining
– Co-owns a project with Barrick Gold which is one of the top gold producers in the whole world.
– Low production of gold in comparison to most companies in this niche.
– It stocks may be affected by unforeseen forces in the market.
Do You Own or represent Premier Gold Mines Limited?
If you are a representative, or associate of Premier Gold Mines Limited 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: (3.4 / 5)
Ok, I think that sums up the overall view of Premier Gold Mines Limited 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 Premier Gold Mines Limited 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