Risk Reduced-Tight and Quiet
One of the rocks I have mentioned in the past was Blackrock Gold BKRRF. I got in at eighteen cents just before it exploded higher. I lightened up at the high near 1.20 and when they came out with a second set of drilling results but didn’t act like I thought it should have, I blew out the rest of my position at one dollar. I was concerned at the time and continue so, because it had a huge gap(see chart) near thirty five cents. I have given this one plenty of time to see if it was going to fill the gap. It still may, but now that it is around fifty cents and the chart has corrected nicely and displaying my favorite set up of tight and quiet I went back in yesterday at fifty and fifty one, cents. I believe most of the risk has been worked off and like the potential reward. If anyone decides to take a position here, I suggest a half position with the plan being if it does fall to below the 200 day and fill the gap, you double up to a full position at that time.
0.40 does look like a magnet
Can you give us the investing proposition
Explorer with multiple projects in Nevada. Hope this helps. About Blackrock Gold Corp.
Blackrock is a junior gold-focused exploration company that is on a quest to make an economic discovery. Anchored by a seasoned Board, the Company is focused on its Nevada portfolio of properties consisting of low-sulphidation epithermal gold & silver projects located along on the established Northern Nevada Rift in north-central Nevada, and the Walker Lane trend in western Nevada.
For further information, please contact:
Andrew Pollard, President & CEO
Blackrock Gold Corp.
Phone: 604 817-6044
Email: andrew@blackrockgoldcorp.com
Thanks