This “De-Risked” Junior Is Up 35% Since Late July

My last #1 risk/return play – Silvercrest Mines – agreed to be acquired by First Majestic earlier this summer. The takeover premium was 35%. My newest #1 risk/return play is a gold mining exploration company with a large gold deposit in both Canada and Nevada.

There are two large mining companies that are likely buyers of this company, as I discuss in my report. But aside from the possibility of an M&A transaction, the stock of this company appears poised to take-off again if we can get some cooperation from the price of gold:

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There are several reasons for this, not the least of which being that this company, in my opinion, is the potential takeover target for two large-cap gold miners, one of which is Goldcorp.  

This stock has also significantly outperformed the S&P 500 since the end of July:

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You can access my in-depth report on the stock  which I explain in detail why this Company’s stock is significantly undervalued and why it has a “takeover target” on its back by clicking on the pic below or this link:   De-Risked Junior Mining Stock Report.

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3 thoughts on “This “De-Risked” Junior Is Up 35% Since Late July

  1. I can’t really tell, but it looks like the 50 day is actually below the 200 day MA that the yellow is actually the 50 day moving average. I’m just saying this because of they way they are moving in comparison to each other.

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