Source Gold (SRGL) has rocketed out of the gate with a stunning 55% profit-move – from $0.80 to $1.24 – just 11 days following our timely buy-signal. On 19 November, I stated, “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.” Then, on 27 November, Source Gold released its first set of assay results – which returned high-grade gold content of 9.55 ounces per ton (270.74 grams/ton) and high-grade copper of 15.5 percent.

The SRGL share-price, on the strength of this first set of positive assay results, has now made an initial upward move of 55% to the $1.24 per share level. You may want to consider taking initial “partial profits” off the table at the current price-range as we could see a temporary pull-back in the SRGL share-price as we await the next set of assays. We’ll be watching the SRGL share-price pattern very closely. If the next batch of assays returns high-grade gold and copper values anywhere close the first batch – your Source Gold shares could spike quickly above $2. Hence, we will be looking for our next advantageous buy-window. Stand closely by.

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