Gold has proven itself over 5,000 years as an unshakable store of value. Today, perhaps more than at any other time in the past few decades, gold’s role in a diversified portfolio of investments has never been more important. Bloated with once cheap debt and struggling against surging inflation, governments and individuals are in the midst of a reckoning. Fiat currencies have been diluted by a growing supply of money printed to finance government stimulus. Nominal interest rates are on the rise. Speculative investments and over-valued sectors of the economy are being re-priced.
Meanwhile, gold has held. Large cap public gold producers are generating impressive free cash flow, profits, and dividends. And yet, small cap gold public explorers and developers, the “lifeblood” of the gold industry, are trading at historically low multiples. These companies offer investors oversized exposure to the price of gold and the potential for superior returns from discovery, de-risking and potential acquisition by their larger peers.
Revival Gold Inc. (OTCQX: RVLGF, TSX-V:RVG) is just such a company. Revival Gold is a growing public gold exploration and development company with the added benefit of having its gold assets located in the western US state of Idaho. Over the past five years, Revival Gold has grown its resources through exploration from nil to now 4 million ounces of gold at a finding cost of less than US$5/ounce of gold. While the price of gold is currently about US$1,800/ounce, Revival Gold trades at a valuation of about US$8/ounce of gold in resources offering exceptional upside exposure to the metal, future exploration success at its Beartrack-Arnett gold project and potential participation in gold industry consolidation.
Revival Gold President and CEO Hugh Agro, a seasoned gold industry executive, will be presenting at FreedomFest, “the world’s largest gathering of free minds,” July 13-16th at the Mirage Las Vegas Hotel. Mr. Agro’s presentation will be of interest to free thinking investors of all stripes who are alarmed by current world events and keen to learn more about how they might position themselves for the coming revival in gold. Attend the presentation July 14th at 2:10 pm PT in Antigua B or visit Revival Gold at booth 1210 in the FreedomFest Exhibit Hall.