gold penny stocks to watch

Hope You’re Ready For What’s Next

On April 1 we brought you our first Penny Stock alert ever: IMC International Mining (IMIMF) (CSE: IMCX). We explained to you why junior gold stocks are creating massive opportunity right now and how IMC International could be set to lead the way. In just one day IMIMF in the U.S. closed up nearly 6% and CSE: IMCX in Canada closed up nearly 8% in a single day. This also continues a 2-week uptrend as trading volume has begun to increase:

IMC International Chart

Right now, we’re seeing a rebirth of interest in gold as it climbed even higher on Thursday. If you ever wanted a potentially perfect time for gold, now may be that time and here’s why:

Gold has become one of the top recession-proof industries.

Junior stocks like IMC International Mining Corp (IMIMF) (CSE: IMCX) provide investors with the opportunity to buy into a company in a recession-proof industry while the company is still within its exploration & development phase. The juniors also tend to outperform the sector when gold prices are on the move like they are right now.

On top of that, a major potential catalyst could also be in play for the company right now. Today IMC International announced that it officially closed a MASSIVE acquisition of Thane Minerals & its Cathedral property. This multi-million deal puts IMC International right in the middle of an area primed for gold discovery with some of the largest gold producers looking to buy up as much as they can.

Location Is The Biggest Reason Why IMC International Commands Attention Right Now

The Cathedral property is located in an area called the Quesnel Terrane between two established mines: the Kemess Mine and Mt. Milligan Mine. The Mt. Milligan mine, in particular, should be a big proof point to why this area is so valuable especially for a company like IMC International. The mine is owned by Centerra Gold and one of the leading gold streaming companies, Royal Gold (RGLD) has an interest in Centerra’s Mt Milligan project as well. I bet they’ll be hungry for more if gold prices are set to surge, too!

Rider:  It is noted that the results of nearby or adjacent properties are not necessarily indicative of the potential of the Cathedral property and should not be understood or interpreted to mean that similar results will be obtained from the Cathedral property.

Like incoming Chairman Greg Hawkins said on a recent corporate conference call, there’s an active audience of waiting to see the next big discovery out of this region of British Columbia. Considering the fact that gold prices are climbing back above $1,600 an ounce, the closing of this deal could be perfect timing for the company.

Junior Gold Stocks Present The Biggest Opportunity

Now, you might be asking why alert IMC International and not something like Yamana or Kinross. Besides the fact that those stocks have very large share structures in comparison and because those stocks have much higher prices, they’ve already had their successes like so many other gold stocks that ran back in 2008-2012. Now it’s time for the next generation of junior gold stocks to profit handsomely from gold’s next big move. Don’t believe me? Look at some of the monsters from the last big gold rush:

Roxgold investors who played the last big gold boom saw shares skyrocket from $0.38 to nearly $2.30… 497%

-Investors who bought shares of gold company New Gold Inc. prior to the big gold market move, saw the stock trade below $1.50 and rode a wave to highs of more than $14… 1,167%

-Victoria Gold Corp moved from just $0.11 to highs of $1.55 during the last gold rush… 1,309%

-Guyana Goldfields traded under $0.70 just as the last gold rush hit, with early investors that could have ridden that momentum to highs of $11.79… 1,609%

-Early buyers of Wesdome Gold saw the stock at levels under C$0.50 and had a chance to ride that to highs of nearly $6… 1,722%

The name of the game: Buy low, sell high and right now we’re looking at IMC International sitting right around $0.35USD/$0.49CAD and they’ve just completed the first acquisition. Next week there’s going to be another big conference call and we’ll be interested to see what big things are in store for this latest acquisition.

You wanted it and we’re delivering:

We’re Calling An Immediate Stock Alert On IMC International Mining Corp (IMIMF) (CSE: IMCX). Start your research now if you haven’t done so already!

gold company in focus penny stocks

Disclaimer: Pursuant to an agreement between Midam Ventures LLC and IMC International Mining Corp. (CSE: IMCX) (IMIMF), Midam has been paid $200,000 for a period from January 7, 2020, to February 14, 2020. Midam has been paid an additional $200,000 and extended its period of coverage to March 14, 2020. Midam has been paid an additional $200,000 and extended its period of coverage to July 9, 2020. We may buy or sell additional shares of IMC International Mining Corp.(CSE: IMCX) (IMIMF) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about IMC International Mining Corp. (CSE: IMCX) (IMIMF). Full disclaimer here.

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