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NV Gold Corp stock
NV Gold Corp (TSXV: NVX) is a Canadian-based junior mining company focused on mining-friendly Nevada, USA.
NVX holds a portfolio of 14 projects (as of Feb 2021) located in key geologic trends.
The company controls extensive geological databases from mining companies that operated in Nevada between 1970 and 2000 (USMX and AngloGold Ashanti). NV Gold uses this data as part of its process for acquiring new properties.
The NVX business model involves identifying and drilling 2 to 3 projects per year.
NV Gold (OTC: NVGLF) has a tight share structure with approx. 84.8 million fully diluted shares (as of Feb 2021).
NVGLF management demonstrates that their interests are aligned with the interests of shareholders by holding approximately 20% of the company’s shares.
Institutional investors and high net worth individuals like billionaire Eric Sprott control another 40% of the company’s shares.
In August 2020 Crescat Capital became a large shareholder of NV Gold. The asset management firm has an activist strategy for advancing the best Precious metals exploration companies to the production stage.
Quinton Hennigh, PhD serves as a Director for NV Gold and as technical advisor for Crescat. Dr. Hennigh is an economic geologist with more than 25 years of minerals exploration experience.
Disclaimer: Technical Analysis rating is algorithmically-determined and provided by TradingView based on the security's technical indicators. This rating does not reflect the opinion of Satori Traders LLC and should not be considered a recommendation to buy or sell any security.
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Bryan V Post is a California-registered Investment Advisor Representative specializing in the Precious metals.
He is the founder and CEO of Satori Traders LLC, a California-registered Investment Advisor.
Bryan has worn numerous hats during his life:
Engineer, Portfolio manager, Precious metals Investor, Technical analyst, Proprietary trader, Swing trader.
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