Finding The Next 10X Gold Stock
The Gold Bull Aug 28, 2026
Summary
Fredonia, Thunder Gold, and OnGold trade at $16-$19 per ounce in the ground — Macfarlane's level three months before its Gentile-triggered 3x run.
Near-term catalysts differentiate the three: Fredonia's August PEA (Preliminary Economic Assessment), Thunder Gold's Q3 resource estimate and year-end PEA, and OnGold's fall 43-101.
Gold X2 trades at $183/oz on Moss while Macfarlane sits at $51 — the per-ounce gap defines the upside target for earlier-stage juniors.
Thunder Gold's 0.45 g/t grade needs a strong gold tape — the host argues a strong gold environment is coming over the next 6-12 months.
Key points on Gold X2 Mining
- The host places Gold X2 Mining at the top of his junior gold tier: a market cap of over $1.1B backed by 6M oz of gold at roughly 1 g/t at the Moss Deposit in Ontario, which he calls an advanced project.
- Trading at about $183 per ounce in the ground, the highest multiple among the names discussed, used by the host as the valuation benchmark the rest of the field is measured against.
- The host notes the stock has already done well over the last couple of years and says he expects it to keep going higher, though he discloses he no longer holds shares.