Accumulating Pre-Drill Hype Plays
I have been picking up a bunch of small to micro cap juniors that will be drilling high impact targets within a couple of months. If they don’t go up then the risk/reward will be too good to sell on average. If they do head higher going into a period when assays are to be expected then I can take some low risk profits off the table.
Latest purchases:
- Labrador Gold
- (Big Vein Target)
- Prosper Gold
- (Incredible gold in till anomaly in Red Lake)
- Ophir Gold
- (Breccia Gold Target)
- Idaho Champion
- (Two targets and just incredibly cheap)
- Signature Resources
- (High grade targets in Ontario)
- Juggernaut Exploration
- (Incredibly cheap and multiple projects which can see drilling)
Note: Note investment advice. Do your own due diligence and make up your own mind.
Tombill is also on the drill
Erik- I’ve build up a good sized position in Jaxon Mining, located in BC 40km northwest of Smithers. They have an incredible land package and will be raising money to do their first drill program. Their exploration work has been outstanding and it looks to be a very high grade polymetalic system.
Shares trading only around $0.065 USD.
I also have Scottie that is looking like a high grade gold project in BC as well, surrounded by big fish with a large land package of something like 285 square km.