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Source Gold Corp. (SRGL) is an Immediate-Buy from the small-cap precious metals exploration sector at the current $0.80 per share range. With the price of gold trading just below record highs above the $1,100 per ounce mark, I’ve been diligently looking for our next emerging Profit-Stock from the junior exploration sector – and I’ve found it with Source Gold. You can now be in the prime profit-position on Source Gold right before the release of first-round exploration results: Simply buy SRGL now at early-stage prices up to $0.85 per share.
Earlier today, Source Gold announced the completion of its initial trenching program on its KRK West Claims – Ontario, Canada. The company’s field team reports that the trench-work intersected numerous quartz veins and shear zones along with visible gold from grab samples. Source Gold Corporation holds an option agreement with Thunder Bay Minerals whereby Source will earn a 50% interest in the KRK West Claims.
Comprising a contiguous block of mineral claims spanning approximately 15 square miles, SRGL’s properties are situated within the gold-producing Thunder Bay Mining District of North West Ontario, Canada. The KRK West Claims lie specifically in the Beardmore-Geraldton Gold Camp, considered the fourth most prolific area of the Northern Ontario/Quebec “Greenstone” gold camps with a production history of over 4.1 Million ounces and host to a number of significant gold discoveries.
In the junior mineral exploration sector, it is of paramount importance to understand that the largest percentage stock-gains almost always go to those who buy the early-stage shares BEFORE the announcement of a major discovery. By the time a discovery has been mapped out and the long process of permitting and mine construction has commenced, the stock has typically already made its largest percentage upward climb. With today’s Source Gold (SRGL), you are being presented with an immediate opportunity to own the company’s stock right before initial exploration results are released to the investing public. The company is currently processing up to 250 samples from its recently completed trenching program on the KRK West project with assay results expected within the next few weeks.
I have done my due diligence, and I believe Source Gold is in the right place “Beardmore-Geraldton Gold Camp” at the right time “with gold trading above $1,100 an ounce.” You can reasonably expect a minimum near-term triple in the SRGL share-price upon favorable results from the company’s initial trenching program. Yet, keep in mind also that if the company fails to hit pay-dirt on this initial exploration phase, your Source Gold management team has already announced its intent to conduct an aggressive exploration program for 2010.
In other words, Source Gold Corporation is loaded for bear and holding a full clip. Your greatest opportunity, right now, is to buy shares in Source Gold (SRGL) up to $0.85 per share – BEFORE initial assay results are released.
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