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The South Arturo Mine is a joint venture

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NYBob Member Level  Monday, 10/28/19 11:37:43 AM
Re: nowwhat2 post# 2889
Post # of 2949 
The South Arturo Mine is a joint venture between Premier and
Nevada Gold Mines LLC, a joint venture between
Newmont-Goldcorp and Barrick Gold Exploration Inc.
("Barrick") operated by Barrick -




Premier Provides South Arturo Mine Update - Declares Commercial Production
Canada NewsWire
THUNDER BAY, ON, Oct. 28, 2019

Drilling Intersects 112.8 m of 7.29 g/t Au at Phase 3 and 24.4 m of 20.60 g/t Au at El Niño

THUNDER BAY, ON, Oct. 28, 2019 /CNW/ -

PREMIER GOLD MINES LIMITED (TSX: PG) (OTCPK: PIRGF) ("Premier",
"the Company") is pleased to announce commercial production has been
achieved, ahead of schedule, at the El Niño underground mine, the
Company's 40%-owned South Arturo Property located in the Carlin Trend of
Nevada.
Also, new definition and step-out drilling results from the ongoing
2019 campaign are showing better outcomes than projected.
Initial production supports this and emphasizes the continued
opportunity to expand high-grade mineralization on the property.
The South Arturo Mine is a joint venture between Premier and
Nevada Gold Mines LLC, a joint venture between
Newmont-Goldcorp and Barrick Gold Exploration Inc.
("Barrick") operated by Barrick.
Highlight intercepts include:


https://web.tmxmoney.com/article.php?newsid=4635557330281273&qm_symbol=PG

Gold sector is on major buy signal -



GLD is on short-term buy signal -




GDX is on short-term buy signal -





GDXJ is on short-term buy signal -

Analysis


$GOLD a technical bullish cup signal -



Between gold and gold stocks has a text book perfect buy signal -



$HUI breakout start from the multi-week consolidation -



If the current situation results in a similar fashion as 2016 -
looking at a 30 to 40% rally in coming weeks - *~<smile)

Summary

Long-term – on major buy signal -

Short-term – on mixed signals -

Gold sector cycle is down, a multi week consolidation/correction
is in progress but may have ended this week -

Traders holding a core position for the long-term, and will become more
bullish invested upon the cycle turning UP -
IMO!


Eric Sprott is a precious metals billionaire and mentions the potential
in silvers price to boom as well as explaining why! Link to the ...


https://www.youtube.com/watch?v=J7SDz6m-A6M


In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA



My opinions are my own and and DD I post should be confirmed as unbiased
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