Blue Lagoon Resources (CSE: BLLG) or BLAGF has just announced this morning that Crescat Capital is investing $1,500,000 into the company! Over the past year, Crescat Capital has built a reputation for being the #1 most successful hedge fund specializing in discovering low market cap gold/silver stocks with massive upside! On August 18th, Crescat Capital published a YouTube video explaining why they decided to make New Found Gold their second largest position: click here to see the video. At the time, New Found Gold was $1.60 per share and today it is $11.38 per share for a gain of 611.25%!
Crescat Capital has become so extremely successful that many gold/silver investors are now closely following their investments!
Most recently, on June 23rd when Crescat Capital announced that they were investing $600,000 into Golden Sky Minerals its share price gained by 17.53% in a single day and continued rising in the following days for a total gain of 27.84% in five trading days! On June 16th when Crescat Capital announced that they were investing $800,000 into E2Gold its share price gained by 33.33% in a single day on record trading volume and has held onto all of its gains in recent weeks!
Crescat Capital is investing more into BLLG than they invested into Golden Sky Minerals and E2Gold combined! The timing of Crescat Capital's announcement this morning that they are investing $1,500,000 into BLLG could once again prove to be impeccable! Yesterday, BLLG surpassed and closed above BOTH of its most important key breakout points in a single day... its 200-day moving average of $0.66 per share and its long-term resistance level of $0.69 per share!
BLLG closed yesterday up by 7.69% to $0.70 per share on strong volume of 545,920 shares its highest volume day in one full month! Prior to yesterday, BLLG most recently surpassed and closed above its $0.69 per share resistance level/key breakout point on October 7th and continued rising to an October 19th high of $0.98 per share for a gain of 42.03% in eight trading days. Previously, BLLG surpassed and closed above its $0.69 per share resistance level/key breakout point on September 9, 2019 and continued rising to a January 14, 2020 high of $2.11 per share for a gain of 205.8% in four months.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from BLLG of USD$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.