TRUMP SAYS: HUNTER MAKES FORTUNE FROM SHADY DEALS!
BIDEN FAMILY STINKS TO HIGH HEAVENS OF CORRUPTION!
DON’T GET LEFT OUT: HUNTER MUST BE STOPPED!
From August 5th 2020, when gold reached its all-time high, we’ve seen the metal entering an official correction, defined by a -10% top to bottom price decline. It looks like the bottom may have been reached, judging by the following price chart!
Courtesy: Bullionvault.com
From peak to bottom (August 5th to September 24th 2020), gold FELL FROM $2,070/ounce to $1,855/ounce on September 21st, a 10.4% downward move.
Since then, the price has risen by 3.3%.
Therefore, here are THREE COMPANIES we are profiling:
What has the company done that has likely caused these upward price moves?
Remember that after all of this IMPORTANT NEWS, the LION SHARE of the drilling is ahead of us – the company has only just begun to explore.
Uncertainty and risk of failure: Blue Lagoon has not made a decision to proceed to production at this time and will evaluate its production decision once all permit requirements are in place. Any production decision in advance of obtaining a feasibility study of mineral reserves demonstrating economic and technical viability of the project is associated with increased uncertainty and risk of failure.
Great Thunder Gold – an exploration-stage company:
After reviewing this company’s CORPORATE PRESENTATION and its recent news releases, which are QUITE COMPELLING, we’re officially adding it to our BULLISH WATCHLIST.
Eric Sprott is a mining billionaire and there are only a handful of them. He has a long list of accomplishments and profitable investments; he also owns 14.62% of Great Thunder Gold!
Great Thunder Gold (CAD: GTG & US: GTGFF) is a small-cap gold stock. Its market cap is around CAD$24M (USD$18M) and Eric Sprott owns 14.62% of it.
Most people have never heard of it, but a great many have heard of Eric Sprott’s major position in Wallbridge Mining:
As you can see, in the past five years, its share price is up over 3,000%, thanks to previous drilling programs, conducted by the miners in the region, which have announced discoveries of various minerals. This region is active right now, with a number of companies in drilling mode.
Drilling and exploring for gold, when successful, contributes to what becomes one of those charts like the one above.
Great Thunder Gold’s (CAD: GTG & US: GTGFF) management team and its key shareholders believe that there’s more gold hiding beneath the surface in the Detour Lake district, since they’re risking tens of millions on this assumption. Their business model targets potentially discovering minerals in areas that the existing companies in the region haven’t been able to.
Kirkland Gold, which has made one of the most talked-about discoveries of the past decade of any junior miner (and where Eric Sprott has enjoyed success with, as a large shareholder), is ACTIVE in the region. Wallbridge Mining, which has acquired Balmoral Resources, and Hecla Mining (a billion-dollar plus producer) are also operating in this mining camp.
Great Thunder Gold (CAD: GTG & US: GTGFF) is following the press releases of all the other exploration efforts of these giants, “PIGGY-BACKING,” so to speak, on the data available from the tens of millions spent annually by these other companies, attempting to CONNECT THE DOTS on where potential new deposits may reside.
CEO Blair Naughty owns an additional 17%, so together with Mr. Sprott, they own a combined 31.42%.
Their Northbound property is adjacent to the FENELON gold project of Wallbridge resources. Recently, Wallbridge has been releasing high-grade drill results. These results are trending upwards towards Great Thunder Gold’s claims.
Companies that own no gold are considered grassroots explorers. If the company is able to prove that the soil contains minerals… you can do the math. Just in the past 4-5 years, we’ve seen other companies announce results and rally afterwards, based on the value-creation of mineral discoveries.
As the weather conditions clear, they’ll begin drilling!
What is the market so excited about?
For one, look at the major shareholders:
Two of the mining’s most famous executives and investors, Mr. Eric Sprott (a billionaire) and Mr. Rob McEwen (founder of Goldcorp!), are the largest individual shareholders!
Dr. Quinton Hennigh, the geologist involved in the discovery of the swan zone that led to the Fosterville mine becoming the most widely-covered success stories of a junior miner this decade, saw the results from a single drill hole and deduced that this is “a potential second Swan Zone, the only one in the northern hemisphere.”
Therefore, Novo Resources (Which Dr. Hennigh runs), owns an additional 11% of New Found Gold (US: NFGFF).
Canada is one of the world’s premier gold jurisdictions, but the region of Newfoundland, where New Found Gold (TSX-: NFG & US: NFGFF) has a massive land claim, is one of the planet’s last frontiers.
Here’s why: Canada’s terrain has been explored left to right for over a century, but Newfoundland has an unbelieve story behind it, as we see it. The entire island wasn’t part of Canada until the 1960s! A good chunk of the island’s interior was privately owned by the Reed family for much of the 20th century, in exchange for building a railroad across the island.
This land reverted back to the Crown in the 1970’s and 1980’s, opening up this FINAL FRONTIER. This turn of events makes this region the only unexplored gold jurisdiction in Canada! New Found Gold (TSX-V: NFG & US: NFGFF) is the region’s largest landowner; self-made billionaires Eric Sprott and Rob McEwen understood the potential of owning a large stake in a gold stock, which owns 2% of the entire island!
Their October 2nd PRESS RELEASE about the latest drill results was fairly significant.
Check out the company’s impressive CORPORATE PRESENTATION HERE!
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