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Company Interview / A "gorilla" gold miner to watch

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A "gorilla" gold miner to watch

Company Interview26 Feb, 2025

Jonathan Tacadena from MPC Markets focuses on the potential of junior gold miners. He highlights Gorilla Gold Mines (ASX: GG8) in Western Australia, noting it's trading at $0.27 with a market cap of $151 million. Jonathan believes newer drilling techniques may uncover more gold, increasing its value.

He also discusses Polymetals (ASX: POL), pointing out institutions have invested $35 million to boost production. With a market cap around $160-$170 million, Jonathan sees potential growth to $400-$500 million if production progresses as expected.

Lastly, Mika Metals (ASX: MEK) is highlighted as a promising A-grade gold miner with a $350 million market cap. Jonathan suggests the company's net present value could reach $1 billion if they successfully execute their mine plan by 2025. He recommends keeping an eye on all three stocks.

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A "gorilla" gold miner to watch - Ausbiz Capital