NRG SP is doing just fineOn May 10 the SP of NRG was 10.5 cent and two and a half months later it is 19.5 cent and showing a nice staeady up trend which forms a very healthy looking chart. There were two huge volume days around June 24 which shows some big player/players taking a position in the company. Shortly afterwards we got the news that the company was doing an IP survey of the Pamlico and Pediment zones to try and find any anomolies which might be the source or feeder zone for all the gold showings that are turning up almost everywhere on the property. This feeder zone will be much deeper than the top 300 mts of oxidized material that they have concentrated on up to now and marks a major shift in strategy for the company and indicates that a major gold producer could be now lurking in the background and having a say in the exploration targets. This theory would also explain the massive volume around the 24th June which could have been this party taking an initial position in the company.
All of this is pure speculation on my part but the dynamic of this company has changed a lot recently and any small weakness in the SP is being bought up quickly and we will be into the 20's very shortly. Something is definitely up and it is a positive development for us shareholders. Bulk sample later this year could be a huge game changer for this very exciting company chasing a huge elephant deposit in the mine friendly state of Nevada.