mining Gold

February 10th, 2015
Exploring: Gold in Nevada

Feb. 10th, 2015
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Dear Valued Readers:

Talk about timing, in our last newsletter, I write about a stock I have been accumulating for a few months and the company finally picks a mining deal and up it goes. More on that in our next newsletter which will update a few companies we have talked about in the past.

Today we have a new sponsoring Gold Exploration Company with three properties in Nevada.

Yes Nevada, politically stable United States. I've seen companies, exploring in other parts of the world, fight through the courts over ownership of claims for years. I've seen companies get hammered on taxes because the country's leadership changes and they decide they want more taxes or royalties.

Fully diluted the company has about 32 Million shares outstanding, this includes options, warrants, etc...

The company spent 2014 drilling one of the properties and some highlights from the last year include:

  • "29 meters of 21.3g/t gold"
  • "41.1 meters of 3.35 g/t gold."
  • "45.7 meters of 6.16 g/t gold."
  • "39 meters of 10 g/t gold."

You need to get more information on this explorer before they release any more drill results. They have submitted the paperwork for a 240 hole drill program on property number #2 and are continuing with property #1. Property #1 will get 10,000 metres of reverse circulation drilling and 1,000 metres of diamond drilling in 2015.

Get informed and see the past results on their web site!! People who respond get a 21 page corporate PDF presentation.

Also responding gets you another entry into our $500CA Amazon Gift Card Draw!! Good Luck!

Have a great rest of the week!

Warren
Blogger/Researcher

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Sector: Mining Exploration
52 Week Low: 0.18
52 Week High: $1.50
Yesterday's Close: 0.45

Chart Note: Wedge Formation

The company's stock price responded to the positive drilling results in 2014 and moved from pennies to a high of $1.50 last summer. I have inserted a chart below showing the current wedge it is forming just under .50. Which way will it break? The higher lows on the bottom of the wedge looks promising.

 		  
   


Bonus PDF You Need:

21 page
Corporate Presentation

[Click-Info-Request]

 

  
   


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