Source Gold Corp. (SRGL) is now trading in a prime “re-accumulation” buy-zone at the current $0.66 per share level -- make sure you reload on our #1 emerging gold explorer now before the stock’s next projected upward run to above $2. To recap what has already been a very profitable trade thus far, we began coverage of SRGL in mid-November at the $0.80 per share range and the stock immediately surged 55% higher to an interim high of $1.24 where many of you likely took initial partial gains off the table. Now buy more!

In recent trading, the SRGL share-price has pulled all the way back to the current $0.66 level as profit-taking ensued in between the release of assay results from the company’s initial trenching program on its KRK West Claims – Ontario, Canada. As you will recall, Source Gold is currently processing up to 250 samples from its recently completed trenching program on the KRK West project with the first set of assays returning high-grade gold content of 9.55 ounces per ton (270.74 grams/ton) and high-grade copper of 15.5 percent. The Source Gold management team has stated that its initial trenching program resulted in the identification of 3 primary areas of interest and that the company will continue with an aggressive exploration program centered on the major fault lines that traverse the property.

Source Gold has also stated that further assay results are expected within the next few weeks, which means you have a current and advantageous window with which to buy additional SRGL shares below the $0.70 level. Naturally, it’s impossible to predict with precise accuracy what the next gold-content numbers will be – yet, based on very encouraging gold values of 9.55 ounces/ton from the first batch of assays, one can reasonably expect solid numbers from the next round.

I am also confident that much of the downside risk has been removed from buying SRGL at current price levels below $0.70 per share. Even if the company misses on its next assays, which is not what we are anticipating, I still don’t see a major sell-off coming because Source Gold is just now entering what should be an extensive exploration phase in a very prolific gold-zone with past production of more than 4.1 Million ounces. I am projecting a substantial upward move in the SRGL share-price to above $2 within the next couple of months based on what we expect will be another solid round of assay results from the company’s KRK West claims. Now is the time to reload on SRGL shares.

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