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Faircourt Gold Income Corp N.FGX

Faircourt Gold Income Corp. is a Canada-based closed-ended fund. The Fund’s investment objectives are to provide Shareholders with monthly distributions, initially targeted to yield 5% ($0.04167 per Class A Share per month) per annum based on the issue price of $10.00 per Class A Share and the opportunity for capital appreciation. The Fund has been created to provide investors with exposure to global companies primarily involved in gold exploration, mining, or production, including those in the S&P/Toronto Stock Exchange (TSX) Global Gold Index, while also providing monthly distributions. The investment manager of the Fund is Faircourt Asset Management Inc., which is responsible for managing the affairs and providing portfolio management services to the Fund.


NEO:FGX - Post by User

Post by pulcanon Oct 08, 2022 10:48am
139 Views
Post# 35013936

PULCAN make the best post of 2022 for everyone, GOLD!!

PULCAN make the best post of 2022 for everyone, GOLD!!Hi everyone,  I hope you are having a good Saturday and for many Canadians who are enjoying this long weekend stay safe. Now looking at the markets and looking at how these up and down trends continue each trading day. I had to look at my portfolio and make some changes over the years. As you all know Serengeti Resources and now Northwest Copper Corp has been a very big contributor over 20 years of trading.  Looking at the future and where I had to make changes is important and I want to share this with everyone. So if you are bored or want that time to yourself to read and watch a video on this investment update from me. This is the post for you so if you have the time at least 40mins as I have videos to back it up for you to watch. My post will cover 4 investments I own and I will explain each one. So get ready to spend some time with me on this one and I hope for those who are bored, or want that time to do research or just like checking my post. Enjoy it and take your time with me on this one and make sure you have 45mins to yourself and walk it thru to the end.  So let’s go!  Right now these markets are crazy and up and down almost every two days there is something new.  You almost cannot own a stock for more than 5 days and see it drop or go up.  So for myself I own 4 major investments in the precious metals market. GOLD, Copper, Silver is key and the Major miners also dividend stocks.  But, the best is the juniors and I will explain.  So the number one stock in my holding is Northwest Copper Corp. Many years of building and many years of up and down share price. There were years we had a crazy spike and ten year levelling off in this sector. But, we all know in the long run the junior minor space and this stock is a winner. Why? Well if we look at the company right now we did everything we said!  Own all our projects 100%, grow the portfolio and expand, be in one safe Country in Canada. Have already an asset that is real and big like Kwanika. Bring in the best management team and advisors money can buy. But the best part is drill like crazy and we did 40,000m of it this year in 2022. Right now we are in a phase that has just started in selling and buying the assets in future growth to feed the existing mines that need it. Northwest Copper brings you 5 projects and anyone can be sold or the entire company can be taken out. Our share price now at .31 cents as of Friday and you saw the spike at the last hour. October and the rest of the year will be one to remember if you own shares. Northwest Copper is my top holding next to Finlay Minerals. So Finlay Minerals I purchased this stock about 5 years ago when ATTY was finally a joint venture and I love the fact the shares floating is much lower than what is outstanding. So the leverage and control by management is over 60% of the shares.  Talk about a leverage to control when there is good news and a discovery. Silver Hope is a big land position and one junior in Canada owns all of it 100%. This stock next to Newmont is something you should look at as we are drilling right now. With ATTY and Silver Hope we have two projects and only a market cap of $9million is a gift for explosive returns. The only part right now is the markets and where precious metals can help a junior like this one!  When Gold and Silver move all juniors move with news or without. I cannot find a better junior so little and management is not looking to build a mine as they just want to be mine finders and sell. I love this story and it is the facts and you need a junior that tells you like it is. This stock is my top holding and I bought it at an average share price of .045 cents. I will not sell and this is long term play as we have a lot of news coming and we are drilling right now.   The third stock is a mutual fund from RBC Global Precious metal find and you should have a mutual find in your portfolio. I have owned this one since I was 16 years old and this is how I followed John Embry who put Sprott on the map when he left the bank. This mutual fund hit $38 dollars on the selloff back in September and came roaring back. This is the only mutual fund where 50% of the stocks are held in the top 5 mining giants in gold. Agnico, Newmont, Barrick, Wheaton and K92.  The rest is icing on the cake and this mutual fund can explode each day as GOLD tries a comeback. I own this mutual fund in my retirement and never selling!  Now the last investment is key and it is for the person or individual who has nothing in gold or wants that safe play. These are two of the best dividend stocks that I have now owned for min 2 years and they are MMP.UN = Precious Metal and mining trust. and FGX = Faircourt Gold Income.  These two dividend stocks both have the best management teams and have been around for years. They both pay each month even during covid and have a drip!  That means they invest and buy back shares for you if you wish. Check with your trading account on both and make sure you are signed up for the DRIP.  The best part is the share price and the ratio between the dividend is close.  So you get a great return and drip. Now is the time for those who want the very cheap share price in Gold or precious metals dividend play. This is a safe play that pays big as the share price for both are low and the ratios are close with the dividend and share price. All of these investments I own and I invested a lot in the past few months when everyone was dumping and running. You must be brave always when investing and admit when you make a mistake. So be sure you read this post and take the time now to watch these two videos. They are so important and they are key to history and where things are going. You will keep this post in your back pocket one day and look back and say wow!  These markets do like repeating the past and the videos down below are key. So to recap here are the links on the stock and research you can do followed by the two videos you need to see.
Northwest Copper https://northwestcopper.ca/
Faircourt Gold Income https://faircourtassetmgt.com/products/closed-end-funds/faircourt-gold-income-corp/
Precious Metals and mining trust  https://funds.cifinancial.com/en/funds/alternative_investments/PreciousMetalsandMiningTrust.html
RBC Global Precious Metal Fund
https://www.rbcgam.com/en/ca/products/mutual-funds/RBF468/detail
Finlay Minerals https://finlayminerals.com/
 
Now the two videos you must watch are key and you need about 40mins. So sit back and take the time and enjoy it. I know for myself I had some wine and looked this going back over the years. All of it is true as to what you are about to see.
Video 1 When It all comes crashing, only these two assets will save you says chart master     https://www.youtube.com/watch?v=4lK4OLPDdL4
Video 2 IGOLD Advisor the latest update on Gold….be ready to watch this one from Chris.   https://www.youtube.com/watch?v=OORYUmfxOwg
 
So enjoy this post as I tried to make it my best post of 2022!  GOLD is key and I do not own anything else in this sector besides what is on this new update from me. Cheers and enjoy your day! 

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