Why CanaGold Is My 2nd Largest Holding (18.6%) — Potential 32x Play
Hey everyone, Just uploaded a deep-dive breakdown into CanaGold Resources, one of the most interesting high-upside positions in my portfolio. 💡 Key points: • CanaGold is a junior gold miner in northwest Canada — not producing yet, but already sitting on 1–1.5M confirmed ounces of gold, with potential for 3x more in the area. • At current gold prices, that’s a $3–4B resource, and the company is valued at just $41M. • If things go right, I believe the stock could double yearly for the next 5 years — potentially a 32x return before they even hit full production. • The first major milestone is a vote by the Tlingit First Nation this summer 2025. Environmental permits should follow if that goes well. 🔎 This is a classic asymmetric bet: low downside, massive upside. 📹 Go to the Blueprint Library to watch the full breakdown with charts and valuation math. Or click here to go directly 👉 CanaGold If you’re new to junior miners or gold investing, I suggest watching the intro videos in The Hedge Room first to get context on how I analyze these kinds of plays. Let me know what you think — do you own any junior miners? Would you ever take a bet like this? Cheers, Karl-Mikael