“Contango Offers the Most Leverage to Gold on a Per-Share Basis” explains CEO Rick Van Nieuwenhuyse
Contango Silver & Gold ($CTGO) CEO Rick Van Nieuwenhuyze explains that the company is now an “execution story,” targeting growth from ~60,000 gold-equivalent ounces to ~200,000 ounces per year plus 5 million ounces of silver annually in five years. He updates the producing Manh Choh Peak Gold JV with Kinross, noting 2026 is expected to be a stronger production year after a pit transition, with costs elevated in the first half and an added oxygen plant improving CIL performance. He outlines the direct ship ore (DSO) strategy, progress and permitting at Lucky Shot and Johnson Tract (FAST-41), Kitsault Valley drilling and resource work, plans to pursue a mill, current balance sheet, and emphasizes leverage to the gold price on a per-share basis as Contango only 33 million shares outstanding.
00:00 Intro
01:11 Manh Choh Production Update
02:02 Costs and Processing Improvements
04:09 Reserves and Expansion Upside
06:37 Direct Ship Ore Explained
07:57 Lucky Shot DSO Criteria
09:27 Lucky Shot Resource and Permits
11:43 Johnson Tract and FAST 41
14:11 Timeline and Mill Strategy
17:44 Permitting Risks and Tailings
22:40 Kitsault Valley Silver Growth
26:03 Balance Sheet and Capital Plan
28:41 How to Value Contango
