Thesis Gold has a leg up from the run of the mill junior resource company as about 40% of the stock is owned institutionally and is generally well known to mining focused investment funds in Canada. There are only 32 million shares issued.

Next up will be a focus on retail investors who may come to appreciate the “hidden gem” nature of Thesis, which holds a significant, highly prospective land position in the heart of British Columbia’s Golden Horseshoe. 

There’s no lack of exploration plays to choose from and so readers should ask why Cormark Securities has issued a Speculative BUY Target on Thesis Gold of $2.70,. which is a healthy premium to the recent trading range of $1.50 to $1.60 

The fact that Cormark Securities has picked up coverage on Thesis, which is about to kick-off its 2021 drill program, speaks volumes to the location, the team and overall potential of this play.

The Ranch Project isn’t raw ground as it has produced about 10,000 ounces of gold at approximately 10 g/t approximately three decades ago. There are more than 20 near surface highly prospective locations.

Cormark’s  in depth analysis focuses on three explorers operating in  close proximity  in the heart of the Toodoggone district in north-central BC, part of the prolific “Golden Horseshoe”.

Here’s the introduction to Thesis Gold from Cormark to its clients:  

Thesis Gold is an up-and-coming precious metals exploration company focused on advancing its 100%-owned Ranch project located within the prolific ‘Golden Horseshoe’ of north-central British Columbia. Covering 178 km2 of mineral claims, the property is district-scale and highly prospective, with approximately 90% of the property remaining underexplored. Previous operators identified 21 near-surface, high-grade, high sulphidation epithermal gold prospects over a 25 km2 area that have only been tested to shallow depths and remain completely open along strike and at depth. Most of these ‘walk up targets’ will be drilled tested as part of Thesis’ maiden 20,000 m drill program, which is expected to commence in June. Thesis also plans on drill testing a number of highly prospective targets that have the same geophysical and geochemical characteristics as the known high-grade prospects. 

Proven Management Team: With the backing of the Metals Group (parent company to Benchmark Metals) providing technical support, we believe Thesis is well positioned to rapidly validate and expand multiple known, but highly underexplored zones of mineralization, and systematically unlock new gold discoveries on the company’s vastly underexplored land package. 

Breakout Exploration Program To Drive Outsized Returns: Thesis is currently in the pre-discovery phase of the Lassonde Curve. While it will take time to deliver a maiden resource, this period has the potential to result in exceptional gains. Thesis’ 2021 summer drill season has the potential to generate a wave of positive news flow. 

Benchmark 2.0 Analog: In our view, Thesis’ neighbor and partner company, Benchmark Metals, has shown the substantial re-rate opportunity when a company transitions from pre-discovery to discovery stage in its company life cycle. Given the large land package, new geological paradigm, numerous ‘drill-ready’ prospects, and contiguous claims to Benchmark, we see no reason why Thesis can not follow in Benchmark’s footsteps. 

Click here to learn more about Thesis Gold. 

As a side note, in approximately a week we’ll air “In Conversation”: video’s with Grant Howard, President of The Howard Group and Ewan Webster, CEO of Thesis, discussing key investing points about Thesis Gold.