Note: If you participated in the Website Fundraiser, you already have this report
James: Dave: Thanks for all you do. I’ve purchased your stock briefs and have made some nice profits.
This junior gold miner has nearly 5 million ounces of gold in a prolific gold mining district in Canada. The gold resource is one of the largest gold deposits discovered in the last 15 year. It is joint developing this project 50/50 with a mid-sized mining company that has deep pockets. This project has a very high probability of being successfully advanced into a big gold mine.
I suspect as the price of gold advances into the next stage of its bull market, this junior will be swallowed whole by its JV partner which has pre-funded a significant portion of the up-front advancement of this project. Perhaps this is one of the primary reasons this Company’s stock is up 32% YTD and has outperformed the GDXJ junior ETF by a significant margin – click to enlarge:
This Company also has some projects in Nevada with huge upside potential. I doubt this Company will be independent by the time those projects reach an advanced stage.
You can access this report here: MINING STOCK REPORTS