HENDERSON, NV / ACCESSWIRE / February 14, 2019 / The gold market has been moving higher since reaching a low at $1161.70 in mid-August. The yellow metal moved above the $1300 per ounce level in early 2019 and after a brief correction that took the price of April futures to a low at $1281.50 on January 24, the price quickly turned higher and reached a new peak at $1331.10 on the final day of last month. When gold rallies, the greatest beneficiaries are the miners who invest massive amounts of capital in what amounts to a hole in the ground. Each dollar that gold moves higher increases their earnings. As the price of the metal rises, producers can pull higher cost metal from their properties as production cost that is below the market price equals profits. Therefore, the gold producers of the world are highly-leveraged to the price of the precious metal. These days, with gold moving to the upside and making higher lows and higher highs, the prospects for the gold mining companies are looking the best in years.
One we think you should research right away is Inception Mining, Inc. (IMII). The owns and operates a producing mine with the capacity to produce 1000 tons per day! IMII is prime for a parabolic run once the street learns their story. Start your research today.
Today we are highlighting: Inception Mining, Inc. (IMII), Petroleo Brasilieiro S.A. (NYSE: PBR), Whiting Petroleum Corporation (NYSE: WLL), Cenovus Energy Inc. (NYSE: CVE), and Halcon Resources Corporation (HK).
Inception Mining, Inc. (IMII) (Market Cap: $6.458M, Share Price: $0.12) is a producing gold mining company engaged in the identification, exploration, acquisition and development of mineral properties. IMII owns and operates the Clavo Rico mine. This producing gold mine is located on the 200-hectare Clavo Rico Concession, located in southern Honduras. The area has been explored and proven to be a profitable source of gold reserves since the 16th century, originally by the Spanish and more recently by the local residents. The current operation has the capacity to process up to 1,000 tons of material per day, with low recovery costs. Initial focus has been directed towards precious metals, after recognizing the current state of the industry and the multiple opportunities that have surfaced due to the economic upheaval in the sector. Inception plans to capitalize on the availability of a surplus of resources in all segments, including geological, mining, equipment, and processing. While others are suffering, Inception may realize a significant advantage due to high mined material values, coupled with tight cost control measures and availability of mining resources.
Besides their producing mine, the company also has a few potential producing properties in U.P. & BURLINGTON and their NEVADA EXPLORATION project.
Now's a good time to start your research on IMII.
Petroleo Brasilieiro S.A. (PBR) (Market Cap: $99.607B, Share Price: $16.26) announced the final results of its previously announced debt tender offers.
Whiting Petroleum Corporation (WLL) (Market Cap: $2.554B, Share Price: $27.72) Senior Vice President of Planning and Reservoir Engineering, Pete Hagist, recently presented at the Capital One Securities Annual Energy Conference at the Windsor Court Hotel in New Orleans, LA recently.
Cenovus Energy Inc. (CVE) (Market Cap: $10.238B, Share Price: $8.34) announced it would cut its capital spending for 2019 by 4 % amid a broader turnaround plan, but raised its oil sands production forecast. The company said it plans to invest between C$1.2 billion ($901.1 million) and C$1.4 billion in 2019 with the majority of the budget going to its Foster Creek and Christina Lake oil sands operations.
Halcon Resources Corporation (HK) (Market Cap: $267.048M, Share Price: $1.67) announced last month it closed on the divestiture of all of its water infrastructure assets across the Delaware Basin to a subsidiary of WaterBridge Resources LLC for $200 million in cash.
Legal Disclaimer:
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a three-month term consulting agreement with IMII signed 02/12/2019. The agreement calls for $25,000 in cash and 10,000 restricted shares of IMII per month. All payments were made directly by Inception Mining, Inc. to Regal Consulting, LLC to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. IMII was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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