Sarytogan - a super high-grade graphite with special merit

Where to the gold price now that Trump has been victorious? The knee-jerk reaction of a 3% fall on the news is curious as Trump's win wasn't really a surprise, so why the selldown? It should have already been factored in. Perhaps it is just a direct correlation with the upward movement in the US dollar as Americans beat their chests. Whatever the reason, it caused an aggressive selldown of our gold stocks the subsequent day. Not to worry. I'd be inclined to say this gives us a buying opportunity as this gold bull market is definitely not over. Look how the gold price rallied as the week progressed.

Trump is known for his distain for all things environmental. His election cannot be good for new age and battery metals stocks, especially if he pulls the Inflation Reduction Act. He said "drill baby drill" as he is encouraging more oil production in the USA. The USA is already the largest exporter of oil products in the world, courtesy of shale oil. His policies will lead to an increase in oil supply and a lower oil price, which will be useful in keeping inflation under control. We watch with interest.

Trying to distinguish one graphite project from the next brings us back to Sarytogan Graphite (SGA), a relatively recent entrant into the field. Remember that this Kazakhstan-based project has an Indicated and Inferred Resource of 229 Mt at 28.9% TGC, making it even higher grade than Talga's. The Probable Ore Reserve is 8.6 Mt at 30% TGC. If SGA can get a mine up and running here, the life will be indefinite, but more than 100 years. 

 WeeklyComm9Nov2024.pdf