Happy New Year, lets recap for Monday and get ready 2023!!hi all, Happy New Year and have a safe day and night for all of you who followed my posts and enjoy the read. In the new year i will bring more charts, videos and more facts with purpose. Also, i stress this the most please do not drink and drive tonight!! Stay safe please we want you back to start the new year! lets stick together in 2023 and make sure we achieve our goals no matter what it is!! Right now lets look at what our situation is with Pure Gold Mining and some other stocks to. So right now we had a massive move in volume all day yesterday. We know that this mine is up for sale regardless how it happens Mark O'Dea and his team will no longer be in charge. We have the reports to look forward to in January knowing KSV who is by LAW sending in the reports and i'm excited about how the LAW is involved and all data needs to be exposed to the average investor. So for that next week we have a fresh trading start with new BID vs ASK as we took out the .015 cents asking price. We know there are some out there looking to buy multiple millions of shares and easily eat up the .02 to .04 cents range. Right now the month of January is big as we see Sprott pay up to $4 million more in costs to maintain the mine and lawyers fees. So the verdict on who buys this mine or merger will soon come. If we get a merger like shares offering this is a good thing as we become part of a new company. But, this is a penny stock so we all know if our share price moves we take profits!! I know i will and i will sell as i want the money. Pay your bills, have no debt and protect your investment. So for that it is important to remember this is a high risk stock so do not buy it at all if you are worried to lose your money for what ever reason. Just follow the story and enjoy watching my post for the good or bad. Let me risk my money and have no fear!! Now, what can happen in January? Do we see GOLD move higher? I believe so and we could see a nice start to the markets? I would say nobody knows as January could be sloppy start as many come back from the holiday season. So we know one thing in Pure Gold Mining has a schedule into January and February from the KSV advisory report from November and we have a good vision as to what is coming. Now the volume is key also as GOLD continues to go higher in 2023 the more value this mine becomes per ounce to the highest bid!! Remember SRK mentioned on the report to go ahead on the PFS and knowing we have 1.6million ounces to mine is big in Red Lake. So right now from the November 7th report we have February 6th is the final bid for the mine. So we will see how high our share price can go or even stay where we are. So this is high risk and the key is we have 728million shares outstanding and only 584m float for trading for a mine company. so below is the GOLD chart and the higher we go in the price per ounce the higher our share price. We are looking good going into 2023 with an uptrend to hit we hope $1840 and push higher. If we pass this resistance level and move to $1900 in January i can see us trade to .05 to .08 cents for Pure Gold Mining alone without news.
As for the price of gold watch this video and remember it! It is scary to know the higher the price the more someone is willing to pay or the reverse! For us we are holding a stock worth a penny and any move is a profit for us to take.
Now lets remember IGOLD Advisor on where the gold price can go!! Now remember in Janaury we have that window for GOLD to move and this helps Pure Gold share price for the final bids!! So lets hope Mark O'Dea gets what he wants to make as much money on the deal!!
Further on the markets and Chuck who does make a lot of sense in this video and i hope it helps you with some ideas on the markets moving forward into 2023.
Now here is the final video on Pure Gold as Mark O Dea is getting ready to sell or merge Pure Gold and listen to what he feels the company is worth around the 8min. He is already selling it and he wants more for it. Calcualte the share price we have coming based on the total shares oustanding and you can see we come close to .13 cents or so with no operation of a mine right now. Not bad for a penny stock everyone has been buying in the .01 to .015 cents. By the way he is talking US dollars so the .13cents can be around .18 cents Canadian.
So in closing i wish you all a happy new year and stay safe. As for the other investments Northwest Copper will have a busy month to report final drill results and Finlay Minerals Silver Hope asset for drill results to come in January 2023.
cheers and see you all on Monday.