10 www.resourceworld.com
D E C E M B E R / J A N U A R Y 2 0 1 9
DYNASTY GOLD CORP.
TSX.V: DYG
For more information:
ichong@dynastygoldcorp.com
Tel: (604) 633-2100
• 100% earn-in right in the Thundercloud gold property from
Teck Resources Ltd ("TECK"), in the Wabigoon greenstone
gold belt in Northwest Ontario. The Property hosts
300,000 oz resource at 1.6 g/t.
• 100% owned Golden Repeat gold project in the Midas
region, Elko County. Drill permit granted
• 70% interest in the producing Qi-2 gold mine in the Tien
Shan gold belt in Xinjiang, China. Production started in 2009
• The Company has 19,975,975 shares issued and
outstanding. No debt.
www.dynastygoldcorp.com
DynastyGold.indd 1 2018-11-26 12:55 PM
for the top five companies of just over CDN $50 billion at the end
of October.
Much of this high-risk capital would have traditionally found
its way into the junior exploration stocks, but that is no longer
the case, and according to Kaiser it doesn't appear the trend will
be turning after the legalization of marijuana in Canada like many
had hoped.
The thinking was that after legalization investors would
turn their attention to the fundamentals – the actual amount of
money these companies will generate from selling cannabis and it
wouldn't be long before a shakeout occurs after the cannabis gold
rush runs its course.
"Ultimately, the cannabis industry will bow to economics.
If sales can't justify the valuation of cannabis companies, those
stock prices could come crashing down," said Brian Pinchuk, a
portfolio manager at Lorne Steinberg Wealth Management during
a recent interview with the Montreal Gazette.
If Pincuk is correct, then some of this money could be diverted
into the junior resource sector which remains the most under-
valued market segment on the TSX Exchanges. According to the
S&P/TSX Venture Metal and Mining Index price returns for the
sector are down 30.59% year to-date.
Kaiser disagrees. He doesn't see this flow capital being diverted
into the junior resource sector just yet. "The day of reckoning
will be delayed until at least after 2020," he declared.
Kaiser argues that the Canadian cannabis sector has become
a launch pad for the much larger US market with companies
like Coca Cola and Constellation Brands making investments in
Canadian firms.
"Despite legalization in some US states, cannabis is still not
legal federally and to do any type of cannabis business in the
US is difficult. This means companies are looking to Canada in
OUTLOOK 2019
RNC
