Gold just surpassed $2,000 per oz! On July 21st, MGX Minerals (CSE: XMG) surpassed its 200-day moving average of $0.088 per share and immediately rallied to a closing price of $0.115 per share. We suggested XMG on July 30th after it had dipped back down to $0.09 per share. Today, XMG is up to $0.135 per share and is approaching its next major key breakout point of $0.14 per share. We will be doing a technical analysis review of XMG this evening. It is amazing that the six recent samples taken by SRK Consulting from XMG's Heino Gold Project and shipped under direct chain of custody to ALS Canada found average gold grades of 96.84 g/t gold with the best sample containing 187.87 g/t gold!
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 XMG of USD$30,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.