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General Market Commentary
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General Precious Metals
This Gold Stock Is Jumping
Bullfrog Gold Corp. (CSE: BFG)(OTC: BFGC) has completed a round of drilling at its Bullfrog gold project in Nevada, where gold was previously produced from two pits.
This work not only defined and expanded the potential resources and pit limits, but it also checked the final box in the list of things Bullfrog had to complete in order to exercise its option to purchase the lands from Barrick.
The company is now moving toward securing the necessary permits for additional exploration and development drill program, as well as performing additional metallurgical work to confirm recoveries.
That work will feed into an updated resource estimate and preliminary economic assessment to be completed in the next year.
Bullfrog shares remain significantly undervalued despite more than doubling since April… trading around $40 per ounce while many of its peer companies trade at $100 per ounce or more.
That discount likely won’t remain around for long as Bullfrog continues to advance this asset in the current record gold price environment.
Click here to see how we’re positioning for additional 10-baggers in this gold bull market.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Mike Fagan has mining in his blood. As a teenager he staked countless gold and silver properties in Nevada alongside his dad Brian Fagan, who created the Prospect Generator model that’s still widely used today in the resource space. One of those staking projects was put into production by a major Canadian mining company — a truly rare and profitable experience. That background uniquely qualifies him as a mining stock speculator. One of the most well-known names in the business, Mike is now putting that experience to use for the benefit of Resource Stock Digest and Hard Asset Digest readers.