One week ago, we told you to buy shares of Source Gold (SRGL) around the $0.80 level based on our exclusive Contrarian selection strategy, which strongly indicated that this rapidly emerging gold-explorer was starting a long upward price-move. Over the subsequent five market days, SRGL traded up to $0.98 per share. You should continue to buy more shares of Source Gold. Even if you’re currently sitting on 20% profits, we project that you will make much more money in the near future if you hold and add to your current SRGL position.
Source Gold Surpasses Our Projections of Huge Gold Indicators:
The Sky could be the Limit on Future SRGL Profits
On 27 November 2009, Source Gold released preliminary gold-grade data from its ongoing trench sample testing at its prime KRK West property, Ontario, Canada. Our profit-projections on SRGL must now be exponentially increased based on the company’s initial and astounding indicators of 9.55 ounces of gold per ton and extremely high-grade copper of 15.5%. Also keep in mind that Source Gold controls this property with “visible gold” even before the drills start turning. Be sure to review point 2 of our initial buy-recommendation issued on 22 November. The company has now increased its preliminary gold indicators – and the stock-price is reactively moving up. This initial price-escalation is just the start of a long-term projected profit expansion, which means you should continue accumulating SRGL shares at the current price-range.
Below, we have reposted point #3 from our 22 November buy-recommendation on SRGL because we’ve now taken a giant step toward this profit-projection in just five market days:
3. Source Gold, next with its substantial gold-resource indicators, will be an irresistible attraction to major gold producers that want to finance this junior exploration company’s future success – and this is when SRGL shares can make YOU more profits than actual gold.
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