On April 11th, when we did our first update on the company, it was trading for just $0.40.
This was probably about what many of our readers paid during our January alert, and perhaps some were even down a little.
But what we knew was that this was absolutely going to be a massive gainer for 2016 and 2017.
For those who held tight, the reward was great. By April 15th, just 4 days after our first 2016 update and 3 and half months after our January 4th alert, the stock had closed for $0.69 (up 102%)!
You’ll notice that it just consolidated for months in 2016 and then it completely broke out to the upside.
By May 15th, it traded for $0.77 (gain of 126%) and by July 14th, it hit a high of $1.31 (up 285%).
Even after the big gold correction that started in September, the election smash-down, and the rate hike in December, First Mining Finance (FF) closed the year at $0.86, for a full-year gain from our initial 2016 profile alert of 153%.
For 2017, if you’ve noticed, we haven’t mentioned a single gold stock. We’ve been waiting for a clear indicator and confirmation that it is time to prepare for large and sizable gains again for gold shares.
Looking at the COT, both the 50-day and 200-day moving average show that hedge funds and bullion banks are going long. We believe we do indeed have confirmation that a big move in gold is imminent!
Now is the time to enter and size up positions in the gold shares, so we will be profiling 3 to you over the next 60 days.
But remember, this letter is NOT a day trading service, and our goal is not to have some big up day after our initial alert.
Myself and the FutureMoneyTrends.com letter’s purpose is to position you into good companies, run by the best people. Taking a full position or having an “all-in moment” on any of our ideas is a mistake. Be patient, get a great price, and consider these ideas for accumulation periods – not day trades.
If you’ve been a subscriber for more than a year, you know that we are very focused on over-delivering value to you, and that despite the volatility of the micro-cap space, the stock suggestions we recommend do very well because these company’s we recommend are run by great people building real businesses.
Everyone reading our letter should also know that I personally ONLY own the stocks we recommend in this letter.
And even more importantly, when buying on the open market, I only buy shares after our profile of the company, meaning I’m either paying what you’re paying, or I oftentimes pay a higher price than what I suggest the stock at for you.
Right now, I want to load up on gold shares, and before I do, I want to disclose to you what is, by far, my largest single gold position. It’s one that I’ve held with many of our members and plan to add to over the coming days.
First Mining Finance (TSXV: FF & US: FFMGF) is on the verge of breaking out, and this may be our last chance to buy it for under CAD$1.
While FF has been consolidating at the 80- to 90-cent level, the company has been advancing into phase 2 of their strategy, coming out with some massive intercepts and updates on their gold assets.
I want to give you a full update on the company today. A lot has happened in the past few months since our last update, including the company’s inclusion in the Gold Miners ETF, the GDXJ.
Consider accumulating shares of First Mining Finance (FF) up to CAD$1.25 and on the U.S. under $1.
This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
Never base any decision off of our emails. FutureMoneyTrends.com stock profiles are intended to be stock ideas, NOT recommendations. The ideas we present are high risk and you can lose your entire investment, we are not stock pickers, market timers, investment advisers, and you should not base any investment decision off our website, emails, videos, or anything we publish. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. Never base any investment decision from information contained in our website or emails or any or our publications. Our report is not intended to be, nor should it be construed as an offer to buy or sell, or a solicitation of an offer to buy or sell securities, or as a recommendation to purchase anything. This publication may provide the addresses or contain hyperlinks to websites; we disclaim any responsibility for the content of any such other websites. We have been compensated by First Mining Finance one hundred and twenty five thousand dollars and nine hundred thousand options for our promotional pieces, online ads, and other digital marketing. We also own three hundred and five thousand shares of First Mining Finance that we will not sell at anytime while marketing the company. Please use our site as a place to get ideas. Enjoy our videos and news analysis, but never make an investment decision off of anything we say. Please review our entire disclaimer at FutureMoneytrends.com.