The price chart certainly looks compelling to us... but what makes IROG special?
Ironwood Gold Corp (IROG) is a gold and mineral exploration and development company building a portfolio of prospective properties containing known deposits of strategic precious metals in politically stable, mining-friendly North American districts with recognized production histories.
Ironwood Gold Corp (IROG) -- believes its management team is second-to-none in geological, engineering and financing expertise.
Ironwood Gold Corp (IROG) -- is building a portfolio that provides the purest possible exposure to gold.
Ironwood Gold Corp (IROG) is extremely disciplined in its criteria for prospective mining projects.
Ironwood Gold Corp (IROG)- will
only work with properties that are adjacent to, or with the confines
of, a district with an established history of economic mineral
production;
Ironwood Gold Corp (IROG)-will only work with projects that are located in a stable, mining-friendly political jurisdiction.
Ironwood Gold Corp (IROG)-- will
only work with projects that have previously established a very high
probability of developing, and advancing to pre-feasibility stage, a
minimum 1-million gold-ounce equivalent resource.
source: IROG Website
And on October 30th...
IROG announced it has signed an acquisition agreement with Ironwood Mining Corp., and related parties for 100% rights, title and interest in and certain mineral claims known as the Cobalt Canyon Gold Project in Nevada.
The agreement includes consideration of both share and cash payments in exchange for said title.
IROG plans
to undertake an exploration program consisting of (but not limited to)
additional claims, mapping and prospecting, geochemical sampling,
analysis of ore specimens and selective induced potential surveys of
geologically identified targets, identification of drill targets, and
an initial program of 5,000 feet of core drilling in order to further
the development of the project into a production phase. To read the
complete article Click Here
The Preacher thinks this is very exciting news when you stop to realize that the Cobalt Canyon gold mine is located in the chief mining district of Southeastern Nevada... which has a long and productive history dating back to around 1868.
IROG
appears to be well positioned to take some potential big leaps... and
with the price of gold continuing to make new highs, The Preacher
thinks members should research this company and get it added to their
radars right away.
Remember
to always use the appropriate stop losses, trailing stop losses and
anything else you can think of in order to protect your investment
should you decide to trade in this stock!
Remember - "Knowledge is Power" and as always here at StockPreacher.com, we strive to give you all the best information available!
