$NEE - Good drill results and climbing gold prices
Northern Vertex recently released some excellent drill results coming out of the resource expansion program at the Moss Mine (28.96m of 2.28g/t gold and 28.84g/t silver, will link at the end of the post). What sets $NEE apart from many other mining companies is the fact that they are both an exploration company and have a mine producing nearly 40,000oz of gold per year. Unlike other gold exploration companies where they take years to begin producing while generating little to no revenue over that time.
Current economic conditions make it the perfect time to get into gold before it’s too late due to inflation concerns. Since hitting lows back in April, gold prices have been steadily rising back up, recently reaching USD 1880+ per oz. At this rate, gold will reach USD 2000 per oz by summer, helping $NEE generate even more revenue from their Moss Mine while they also explore new mining opportunities. Huge potential with this one as it hovers near the $0.37 support at $0.3950 per share with a market cap of around $150M. I'll be buying more down here.
https://www.newswire.ca/news-releases/northern-vertex-intersects-28-96-meters-grading-2-28-g-t-gold-and-28-84-g-t-silver-in-resource-expansion-drilling-at-the-moss-mine-arizona-885260154.html