October 28/10 SP... $0.87 Initiated coverage at $0.48... +.39 / +81.25% gain in 3 weeks! Shares out.... 65M Capex... $57 million
I have mentioned North Country Gold a couple times as a very highly prospective pick... And today the news is huge in my opinion. Best news of the day actually as it validates my theory about NCG.V and their property.
NCG.V continues its onslaught of upward momentum as they released results of the Titan 24 survey. This is a state of the art survey technique that when combined with existing results in the same surrounding geological area is almost a can't miss. Remember, I say almost a can't miss. Obviously the market reacted to well to the news pushing up the price to a new all time high as the map shows extensive potential high grade gold mineralization. I now have enough information to write up a great article on North Country Gold so look for the upcoming article. I consider NCG.V a very strong buy at current prices. When looking at the map and the drill results it is clear to me the major potential NCG.V offers. NCG.v has 700k ounces indicated and inferred which doesn't include this years drill program. They also haven't even begun to test this at depth, but NCG.V's mandate is to look for a shallow open pittable resource so I doubt they will. NCG is looking better and better everyday. There is some very good momentum opportunity over the next few days as the market takes in this information and realizes just how good this little gold exploration stock is.
So you look at existing resources and the bright spots all over the map and I dare you to tell me there isn't extensive mineralization in the area and that this isn't a $2 or $3 stock by the end of next year, if not more.