We are now days away from a major breakout to the upside for gold.
In my opinion, the shares are about to slingshot higher and we are going to see doubles across the space.
Even though we see a violent move higher in the gold market, we are being ultra-conservative with our gold mining stock suggestion.
Right now, we can buy First Mining Gold (TSX: FF & US: FFMGF) while it’s trading at an extremely low valuation.
The entire market capitalization of the company is about $270 million Canadian.
Just one of the 25 projects they have is projected to be worth $990 million Canadian.
Gold ounces in the ground during a decent gold market are worth around USD$50 to $60 per ounce. In a raging bull market, they can easily see valuations of over USD$100 per ounce.
First Mining Gold’s ounces are currently being valued at around USD$17.
I recently interviewed two legends of the precious metals industry: Keith Neumeyer, the chairman of First Mining Gold, and David Morgan, of the Morgan Report. To listen, click here.
Take your positions now, as in my opinion, this is it!
Editors Note: In our opinion, we are at the edge of one of the most historical moves to the upside in gold the world has ever witnessed. A big move is coming.
Legal Notice: This work is based on public 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 advertorials. Future Money Trends 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 Gold, five hundred thousand options for a one year agreement. We have previously been compensated six hundred thousand options for past years agreements, none of our options have been exercised. In addition to options we are currently managing a marketing budget of two hundred and fifty thousand dollars, paid for directly by the company. We are currently in a one year agreement with First Majestic Silver, we have been compensated with twenty five thousand options, and thirty thousand dollars. For prior expired agreements we received an additional fifty thousand options, none of which have been exercised. 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