The Rally Continues to Gain Momentum
Goliath Resources (WKN A2P063 / TSXV GOT) is one of the companies that Goldinvest.de has been following for a long time. Our first report on this exciting gold explorer was published in November 2020, when the stock was still trading at 0.205 Canadian dollars. Since then, Goliath has already experienced a steady multiplication in share price. In recent weeks and days, however, the rally has gained even more momentum. Currently, one Goliath share costs 2.40 Canadian dollars! This means that since its initial presentation by Goldinvest.de, a price increase of around 1,071% has been achieved!
However, we believe that the end of the road has not yet been reached. Although Goliath has presented a veritable flood of strong drilling results in recent years – and almost 90 results are still pending from the last drilling program in 2024 alone – they have not yet even prepared an initial resource estimate.
We recommend everyone to take a closer look at this extremely exciting story. All information available in German and numerous insightful interviews with CEO Roger Rosmus can be found in the Goliath Resources profile on Goldinvest.de.
Additionally, North American media are currently beginning to report more extensively on Goliath Resources again. A comprehensive article providing a good overview of the current state of affairs has just been published by The Gold Report under the title ‘A Golden Opportunity Continues in the Golden Triangle’.
John Newell, from John Newell Associates, concludes that ‘Goliath Resources is developing into one of the leading junior explorers and has strong support from strategic investors as well as exceptional drilling success’. From a technical analysis perspective, the expert also sees signs pointing to further growth. He sees the next price target for Goliath at CAD 4.10 and then at CAD 8.25. Looking at the big (chart) picture, according to John Newell, the price of Goliath’s stock could even rise to CAD 11.50. That would represent another 379% potential from the current level!
