Longer and Stronger with Gold Being the Poster Boy

Last week it was fairly quiet with the Sentiment Oscillator being steady. While the market continued to be in a correcting pattern, it has not really given up much ground as the correction has not been severe. Perhaps the sabre rattling concerning Iran has been the dominant influence, driving the gold price back above US$5,100/oz.

I spent much of last week talking to companies presenting at the RIU Explorers Conference, gathering information for research notes that will come out in subsequent weeks. It is never easy to get down to detail in such a busy venue so there is further work required to ensure anything I pass on is balanced and accurate.

One theme that I will be focusing on is the gold exploration business in the Ivory Coast. When I was travelling to West Africa, around 2010, taking investors around to impress upon them the potential of countries like Burkina Faso, Ghana and Mali, theIvory Coast was out of bounds due to a civil war. Now it is Burkina Faso and Mali that are higher risk due to jihadist activities. The Ivory Coast has come into prominence due to a number of recent discoveries owing to excellent geology. It is worth having a proper look. 

 WeeklyComm21February2026.pdf