oday, we would like to bring to your attention a new trade opportunity.
Our new trade alert is positioned for potentially extraordinary growth in one of the hottest sectors of 2019.
New Trade Alert: Surge Exploration Inc. (SURJF)
Have you seen gold’s monumental rally so far in 2019?
Gold prices rallied to new 6 year highs, making it one of the hottest sectors this year.
Since the start of 2019 alone, gold has rallied upwards of 20%.
What’s interesting about this rally is that it might be only the beginning…
In case you haven’t been following the news, here are just a few recent headlines showcasing the positive sentiment and fundamental shift towards gold’s future:
A recent Bloomberg headline stated: “Buy Gold ‘At Any Level,’ Mobius Says as Central Bankers Ease”
Another headline from just a few weeks ago is: “UBS Says It’s Staying Long Gold as Price Now Destined for $1,600”
If that wasn’t enough…
A Barron’s report from September 10th (last week) says “gold may top $2,000 an ounce in the next year or two”.
Investor interest has been growing.
As CNBC reported recently, “uncertainties surrounding risk assets and increasingly dovish monetary policy is likely to continue benefiting the commodity markets”.
What’s unique about gold is that it serves “both as a currency and a commodity”.
What that means is gold could do well in both a strong and a weak economy – making it unlike other commodities.
So what does this all mean?
According to TheStreet: “gold mining stocks are effectively a leveraged bet on gold prices – as the value of gold moves further above a miner’s cost of production, profitability scales up dramatically”
As we have discussed before, small companies are often the source of innovation in many industries.
In fact, large companies often rely on smaller companies for growth.
As a result, small mining companies often present the highest growth potential when the price of commodities moves higher.
SURJF, our new trade alert, is one of the companies that could benefit significantly from the growth potential of the sector.
SURJF “is a Canadian-based mineral exploration company” with a “focus [on] its resources on its Canadian copper gold properties”.
The company’s “goal is to locate, evaluate and explore early stage mineral properties”.
SURJF has “large copper / gold exploration property claims in Northern British Columbia, Canada in a prolific mining region area called “The Golden Triangle””.
Here are the company’s key properties:
- “Golden Triangle – Trapper Lake Property (Copper Gold), British Columbia” – “The Company owns 100% interest in the Golden Triangle – Trapper Lake Group of 23 mineral claims”
- “Mineral Mountain Properties (Copper Gold) British Columbia” – “The Company owns a 100% interest in the Omineca Group of 12 claim blocks”
- “Hedge Hog Property, (Copper Gold) British Columbia” – “The Company has an option to earn an undivided 60% interest seven mineral tenure covering 2,418 hectares (5,972 acres)”
As the company stated in a recent press release:
“…this region is host to numerous operating mines, good infrastructure including experienced exploration and supporting services. Our exploration team believes that this land package is strategically situated to exploit the high copper-gold values of the region.”
But that’s not all…
According to one publication, “British Columbia’s Golden Triangle mining district is known for million-ounce gold deposits” and is “a hot bed for exploration activity that is quickly becoming the center of a new Canadian gold rush”.
The company has experienced incredible growth in recent months, announcing multiple accomplishments.
For instance, on July 31st, the company announced:
“Surge Exploration Commences Fieldwork at its Copper Gold Project Near Barkerville BC – Hedge Hog Property”
In this press release, the company commented:
“Our Hedge Hog exploration property in British Columbia’s Cariboo Mining District appears to well situated given the proposed 2019 exploration activity in the area by our neighbours.”
Furthermore, on August 13th, the company announced:
“Surge Congratulates, Sun Metals Corp., on a Successful Drill Program Near Surge’s Mineral Mountain Claims in North Central BC”
Here are the company’s comments from this press release:
“We are very happy to hear the positive results achieved from the recent mineral exploration & drilling program completed by Sun Metals on its Stardust claim. Surge management are big believers in the region and this is a testament to the good results that are potential in this prolific gold and copper region.”
In the past few weeks alone, SURJF has announced multiple breaking developments that continue to showcase what could be a remarkable growth opportunity.
On September 6th, the company announced:
“Surge Acquires Additional Gold-Copper Mineral Claim in British Columbia’s Golden Triangle”
“Tim Fernback , Surge CEO states, “We are very excited to acquire this key additional mineral claim in BC’s prolific Golden Triangle near Newmont Goldcorp’s Golden Bear Mine and nearby Brixton Metal’s Thorne Project.”
In addition, just last week, the company announced potentially significant developments that could have been overlooked by investors.
“Surge Acquires Additional Gold-copper Mineral Claims in the Golden Triangle Adding to its Sizable Land Position in British Columbia”
“The mineral claims owned by Surge is also partly adjoining the Thorn Project currently owned by Brixton Metals Corp. (“Brixton”) (BBB:TSXV) located in the Sutlahine River area of northwestern British Columbia (northern tip of the “Golden Triangle”).”
“At the Thorn Project, Brixton reported on July 15, 2019 a new drill hole intercept of 1.97 grams per tonne gold equivalent across 554.70 meters including 135.96M of 1.35 g/t Au, 0.31% Cu, 133.62 g/t Ag or 5.00 g/t Au including 6M of 3.56% Cu, 3.37 g/t Au, 257.77 g/t Ag. Again, results from nearby and/or adjacent properties are not necessarily indicative or reflective of mineralization that may be hosted on the Company’s property.”
As the company commented in this press release:
“To put this in perspective, the total area explored by Surge is approximately equal to ninety-five times (95 X) the size of New York’s famous Central Park or five and a half times (5.5X) the size of the entire island of Manhattan.”
That could be big news.
SURJF has a history of experiencing increased upside volatility.
Since late July, SURJF has rallied from 0.04 to a high of 0.075, upside of more than 87%.
Since this massive rally, SURJF has consolidated and could be positioned for another breakout higher.
In addition, if gold continues rallying as it has been this year, this could create an enormous opportunity for investors.
SURJF could be one of the most overlooked opportunities in this sector.
Make sure to do your own due diligence.