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U..S. Gold Corp. (USAU)

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Dan Thunderbolt, Sep 6, 2019.

  1. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    USAU could make a run soon if they find something meaningful with the current ongoing drilling program at their Keystone project. The coming weeks will be interesting as they are waiting for results. USAU is a Nasdaq listed Gold Explorer with a market cap of currently around $22 million. They are very optimistic that they are vectoring in on (huge) discovery success…

    The company has two projects:
    • Copper King Project – WY: Advanced Exploration and Development property, Near Term Production Potential, $178.5 million Net Present Value (NPV) at $1,275/oz Au and $2.80/lb Cu
    • Keystone – NV: Keystone exhibits many similarities to Barrick’s deposits to the north, USAU aims at discovering the next gold district on the Cortez Trend
    U.S. Gold Corp. Commences 2019 Exploration Drill Program at its Keystone Project on the Cortez Gold Trend, Nevada
    July 30, 2019
    https://www.globenewswire.com/news-...-Project-on-the-Cortez-Gold-Trend-Nevada.html

    Background information:

    At Keystone U.S. Gold Corp. (USAU) wants to prove a world-class deposit
    Published 29 July 2019


    Fund Manager Dave Kranzler Provides Precious Metals and Gold Stock Commentary
    Published 3 September 2019
    11:39 Why Dave likes U.S. Gold Corp.


    Luke Norman on U.S. Gold Corp.'s Pursuit of Nevada's Next Major Gold Discovery & 2019 Plans
    Published 28 March 2019
     
    Onepoint272 likes this.
  2. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  3. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Edward Karr | We’ve Just Acquired Another High-Potential Nevada Gold Project
    Published 13 September 2019
    MiningStockEducation.com
     
    Onepoint272 likes this.
  4. Onepoint272

    Onepoint272 Well-Known Member

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    Time to start paying closer attention to the miners and the silver contract. USAU sprung from below the range and printed a low volume test and recently rejected price at resistance. Still some supply showing up, so need to continue watching for that to get sopped up. All in all a very constructive chart which should be moving up soon.

    Daily bars:
    upload_2019-9-13_23-39-47.png
     
    #4 Onepoint272, Sep 13, 2019
    Last edited: Sep 14, 2019
    bigbear0083 and T0rm3nted like this.
  5. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    CEO Roadshow Interviews U.S. Gold Corp. (USAU) Co-founder
    Published 12 September 2019

    In this episode of CEO Roadshow we are joined by Mr. Luke Norman, Co-Founder of U.S. Gold Corp., a gold exploration and development company.

     
    Onepoint272 likes this.
  6. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  7. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  8. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Below is a link to an interesting interview from July 2019 with the CEO. The interview in particular provides an overview on their intriguing Keystone exploration project.

    https://stockhouse.com/opinion/inde...lorer-is-on-eve-drilling-its-flagship-project

    • In 2016, I received a telephone call from Dave Mathewson, the well-known Nevada exploration geologist, and he had a new exploration project called Keystone. Dave told me that he believes Keystone is the best exploration project he has seen in his career.
    • You look at Cortez Hills, that's basically a big high-grade breccia of pipe deposit across the valley pipeline, a little lower grade big 25 million ounce deposit. You look south of Cortez Hills, one of Barrick's big discoveries that is now going into production will be an underground mine called Goldrush. Goldrush is about 10 million ounces, a nice high-grade deposit, definitely an underground mine. A lot of the drill holes that we're seeing with the geological conditions, the geochemistry, it really looks very similar to a Goldrush type of environment.
    • Last fall down in our Sophia target area, one of our drill holes, which was drill hole 18-09, you can go out and look at some of our prior press releases on this, that was an extremely exciting drill hole for us. We had great brecciation and alteration. It shows us that the rock is really beat up, and at the bottom of the drill hole, we lost the hole. We literally drilled into a void. Well, a void is a cave, and a cave can be a very positive thing. The Goldrush deposit north of us is littered with caves. You have these caves and then right below the bottom of those caves, that's the big mother lode of the Goldrush deposit.
     
  9. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Dilling results are expected mid to end October. Hopefully they will find what they are looking for. In the meantime:

    Join us: Chuck Deeds + US Gold (USAU) "town hall" webinar, Monday, October 7th, 4:05 PM EDT

    https://register.gotowebinar.com/register/7204696577952526082?source=BB

     
  10. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    According to the recent Webinar the drilling results at Keystone are expected for mid November. Outlook is promising imo. The CEO also said he puts his money where is mouth is..
     
  11. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Well I suppose good drilling results in November will help the share price.

    August 19, 2019
    https://www.smarteranalyst.com/new-blurbs/us-gold-corp-usau-receives-a-buy-from-h-c-wainwright-2/

    Heiko Ihle from H.C. Wainwright reiterated a Buy rating on US Gold Corp (USAU), with a price target of $2.90. The company’s shares closed last Monday at $0.99.

    Ihle said:
    “We note that the program is expected to consist of nine reverse circulation holes, in addition to one core hole, totaling 6,400 meters. Phase one is expected to take two months, and drilling is primarily focused on the Skarn targets, which have been identified through comprehensive technical studies and mapping. U.S. Gold remains poised to produce a significant gold discovery within a broad district-scale Carlin-style system as the firm has systematically filled gaps in the historic data associated with Keystone over the past three years.”
     
  12. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Below is a link to an interesting interview from the beginning of the year. Apparently someone wrote his “Master of Science Thesis for the Keystone Project”.

    U.S. Gold Corp. Announces Completion of Master of Science Thesis for the Keystone Project, Cortez Trend, Nevada
    December 18, 2018
    https://www.usgoldcorp.gold/news-me...orp-announces-completion-of-master-of-science
    “These Keystone dates compare very closely with reported mineralization-related age dates from the major Cortez Hills gold deposit to the north”

    Interview early 2019
     
  13. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    I still believe USAU is relatively cheap right now. Their Copper King Project has a $178.5 million Net Present Value (NPV) at $1,275/oz Au and $2.80/lb Cu. The current market cap of USAU is around $20 million.
     
  14. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Drilling results from Keystone are expected for mid November. Fingers crossed for discovery success...
     

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