Nevada King Gold (TSXV: NKG)/NKGFF is the third largest holder of mineral claims in Nevada after only Nevada Gold Mines (Newmont/Barrick) and Kinross Gold.
NKG is technically at oversold levels with a relative strength index (RSI) of 33.39.
NKG is actively drilling right now and is one of the most active gold exploration companies in all of Nevada.
NKG has one of the best management teams in the industry with its CEO also being the CEO of New Found Gold (TSXV: NFG), which has a CAD$1.07 billion market cap.
NKG raised CAD$16.25 million on May 26th at $0.45 per share. It is currently trading for only $0.325 per share.
So far this year NKG has released between one and three press releases with positive drilling results per month. NKG has had 34 total press releases in 2023. We will be posting their future press releases.
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 NKG of US$60,000 cash for a twelve-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.