NevGold Corp V.NAU

Brutal day for the markets

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Another brutal market sell-off today for pretty much everything.

S&P/TSX Venture Composite Index	671.90	-32.8000
S&P/TSX Composite Index	19,742.56	-532.2600
S&P 500	3,749.63	-151.2300
NYSE COMPOSITE	14,527.90	-568.7897
NYSE AMEX COMPOSITE INDEX	4,087.08	-123.9879
NASDAQ Composite	10,809.23	-530.7991
Dow Jones Industrial Average	30,516.74	-876.0500
CSE Composite Index	296.05	-18.4700

 

NAU was also caught in the crosshairs of today's market sell-off, but rebounded from an intraday low of 0.65.

$0.71-0.07 | -8.97%Bid: 0.71 x 15500Ask: 0.72 x 1000Volume: 321,085

CADTSX VENTURE EXCHANGEDELAYED PRICEMARKET CLOSEDJUNE 13, 2022 3:53 PMEDT

 

Given the recent move higher for NAU, I believe today presented a nice opportunity for investors to take a position or to add to an existing one.

 

NevGold is legit and a winner, with plenty more drill results to come from their Limousine Butte Project (Cadillac Valley). If the drill results to date are any indication of what's to come, NAU is poised to continue hitting new highs over the coming weeks and months.


I'm glad I managed to add to my growing position at 0.67 today, and will continue to add more on any further pullbacks.


GLTA

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Not sure why the market close did not show up properly in my last post...certainly one for the history books.   Name Price Chg S&P/TSX Composite Index 19,742