NXS trade ideas
Significant Junior Gold Exploration Discovery (80-150% upside)Significant results were encountered in hole DKL-20-RC-007, which returned 4.83 grams-per-tonne (“g/t”) gold (“Au”) over 20 meters, including 14.51 g/t Au over 6m (also including 39.6 g/t over 2m).
Nexus Gold is primed for a breakout and they are currently waiting on the remaining 6 holes from their recently drilling program in West Africa that today in hole #7 found a significant discovery for the company.
The company has several drilling programs lined up for 2021 at a few highly anticipated drill sites.
2022 PT $1.25
Small Cal Gold Explorer with assay's coming out mid-janPrimed volume defined breakout play with a 100% upside leading up to results coming out mid-jan. Results/ assay's from the company highly anticipated Dakouli 2 mine could boost this SP over 20c.
Enter between 8-9c with a hold for 13-15c.
Solid trade with $GOLD about to break $1900 and head north. January is the time to own gold stocks.
$NXS Looking strong going into next set of results here. Accumulation has been on the up for the last month. Holding above .10cts support and bouncing off each tap. The 20EMA .11cts and volume has been very telling recently. Watch closely to break .14cts recent 52WK high. Dakouli work has been announced in the recent NR today.
Technical breakout + pending drilling results (GOLD)Looking to break the 50-day EMA @ $.079c on Monday and then we should make headway to the 100-day SMA at $.108c. After that we have a clear shot to $.20c with pending news and near decade high prices for gold.
Looking forward to next week here, stay healthy everyone!