AXMIN Inc (TSXV: AXM)
AXMIN Inc. (TSXV:AXM) is a Canadian-based exploration and development company with a strong focus on central and West Africa.
Gold stock analyst Don Durrett has declared that gold equities are “unbelievably mispriced” in current markets, citing valuation models projecting gold prices to surge to $4,000/oz. In a recent episode of a podcast, Durrett argued that mining companies are poised for historic gains as precious metals reclaim their role as “true value anchors” amid an impending bond market collapse.
Notably, Durrett’s appearance stemmed from a personal endorsement by Canadian billionaire investor Eric Sprott, underscoring his credibility in the sector. Since 2004, Durrett has specialized in gold mining investments and founded the research platform goldstockdata.com to track industry trends.
Durrett criticized mainstream analysts for fixating on near-term financial metrics, advocating instead for a forward-looking methodology that factors in $4,000/oz gold and $100/oz silver prices, future production scalability, and cash flow potential. When the bond market implodes, we’ll witness the true pricing function of precious metals, he asserted, calling this a “once-in-a-lifetime trade opportunity” that could ignite a precious metals supercycle.
The analyst revealed a strategy avoiding volatile short-term plays in favor of deeply undervalued gold producers with “five-bagger” (5x return) potential, ideally targeting “ten-bagger” (10x return) candidates. He prioritizes established producers over exploration firms, emphasizing their triple growth engines—organic growth, exploration breakthroughs, and strategic acquisitions—alongside stable cash flow generation.
Key differentiator: Durrett’s framework ties gold’s breakout directly to systemic risks in debt markets, positioning miners as a hedge against financial instability—a narrative gaining traction among institutional investors.
