After the run to the highs, Blackrock Gold has been under pressure giving back gains. During the trend down the stock had tons of offers and thinner bids. Today that has flipped, they are a bit of a leaky boat when it comes to news, so my guess is they have some good news to come out soon.
I’ve been following the company for awhile because they have two solid projects in Nevada. I’m always on the lookout for Nevada exploration stocks as they can get the Nevada Premium if they deliver with the truth machine. I like their Tonapah West project as it is right in the heart of one of the famous historical Nevada mining camps.
Probably a good time to take a position ahead of the news, I will likely be doing that shortly.
All the best,
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