Japan Gold Corp. (JGLDF)

With #GOLD rising in price today, #JGLDF is rising in price also!
#JGLDF is one of Barrick's more exciting exploration targets.
#NEM also tried to gain access to this opportunity, but in the end, they were edged out by #GOLD earlier in 2020 in a competitive scenario.
Now in August: The drills are turning -- directly over top of 2 existing mine sites, which should yield a far better than average chance of success!
I am guessing results of the first two drill holes will be announced in September.
They are also conducting surface exploration of 28 additional projects, and results of that exploration could be released any day.
#GOLD has an option to earn-into #JGLDF by investing additional monies, which seems like a win-win for both #GOLD and #JGLDF.

On the positive side, lots of upwards potential with the Barrick partnership and the stability of working in Japan.

Those Japanese mines historically had huge output of high quality ore - there is a lot more to be mined.

On the negative side, this company needs better and more regular PR with its investors and the media.

Despite being a junior miner (market cap < $50M.....like the head start that this company has drilling in Japan given new regulation changes that allow opening up of first mines since WWII....they are backed by $GOLD Barrick so all of their development costs covered.....huge upside if their thesis that drilling around the old mines are productive. Target is 3X but could easily be 10X if they report favourable results when drilling results back in Q1. Based on my research this is a good speculative stock that have combined with more conservative plays $xiu $qqq. Worth checking out their website and board composition, I liked what I read.

Here is a great lottery ticket: #JGLDF
The price is hardly up, even after this press release one hour ago announcing commencement of drilling.
Barrick is funding an initial two-year evaluation of 28 of Japan Gold's 30 projects in the country, under an alliance struck in February.
#JGLDF has spent the past several years mapping every potential gold mining site in Japan, and they are starting to drill the highest priority target this week!
They haven't done any marketing, so nobody seems to know about it.
#NEM #AUY