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

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Hedge Fund Manager/Investor

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In this community, I share my real-time investment process, shaped by years of managing a billion-dollar hedge fund.

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