Lone Star Gold Inc (LSTG) is an emerging acquisition and exploration mining company that holds 70% interest in the La Candelaria gold-silver project comprising of 1,976 acres of mining concessions! (Read more)
Despite the consistent appeal of gold over the centuries, relatively new drivers are boosting the metal’s value and, in turn, global demand.
Since 2001, gold has gained every year on increased investment demand from both institutional and retail investors!
Luis Olvera, Engineering Geologist, and his team estimated La Candelaria’s potential reserves as over 10 million ounces gold at an average grade of 0.20 g/t and over 215 million ounces silver at an average grade of 40 g/t. (Read more)
LSTG has partnered with the Bustillos-Gonzalez family that has a long mining history in the region, dating back to the Spanish occupation of Mexico in the early 1600s!
They’ve also secured $15 million in equity financing from Hong Kong based equity investor North American Gold Corp to use for operating expenses towards gold and silver mining project at La Candelaria! (Read more)
LSTG not only holds a huge interest in Mexico, but also engages in the exploration of gold and copper in British Columbia, Canada.
But LSTG doesn’t plan on stopping there as its short-term mandate is to rapidly become a mid-tier producer in Mexico, while its long-term strategy is to have multiple operating gold and silver mines in North America. (Read more)
LSTG has sold 238,095 shares of common stock to North American Gold Corp at a price of $0.84 per share and given 300,000 shares of Common Stock to Homero Bustillos Gonzalez to satisfy the agreement for 70% interest of La Candelaria gold-silver project! (Read more)
Make sure you SIGN UP for my FREE EMAIL ALERTS! Recent Winners: ANX 32%, BLOAQ 135%, LGFTY 85%, YRCW 81%
LSTG Technical Indicators:
• LSTG bounced heavily off its recent low of $.93 and 50 day moving average to close at $1.05! Now staring the 20 day moving average right in the face.
• The RSI has terminated its downward trend moving nicely at 43.7!
• The MACD has started to revert as the histogram bars shrink in size making a huge positive cross very possible!
• The more price movement – you will see the ADX revert more decisively as the directional indicator continues to move upwards in an incremental fashion!
LSTG’s Bottom Line:
LSTG has stated that drilling is to commence by the end of this month and this stock tends to move big on news! Just look at that move from $1.02 to $1.40 when the President of LSTG submitted an overview of the company to the market in early September!
I’m sure North American Gold Corp is not in the habit of throwing money away and Homero Bustillos Gonzalez gave up 70% of his properties interest for 300k shares… He must really like what they see in this company!
So make sure to load LSTG to your watchlist immediately!
Make sure you SIGN UP for my FREE EMAIL ALERTS! Recent Winners: ANX 32%, BLOAQ 135%, LGFTY 85%, YRCW 81%
Disclosure: No Position
About InvestorSoup
InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunitiespresent in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
Disclaimer
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. InvestorSoup.com is a wholly-owned subsidiary of BlueWave Advisors, LLC. BlueWave Advisors has been previously compensated forty thousand dollars from Winning Media (a non-affiliated third party) for LSTG advertising and promotional services that have expired. Currently BlueWave Advisors has been compensated forty thousand dollars from Winning Media (a non-affiliated third party) for LSTG advertising and promotion. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision. BlueWave Advisors, LLC does not hold a position in the covered company.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Simply wanna input that you have a very decent site, I love the style and design it actually stands out.