Coral Gold Resources Ltd. (CLHRF)
Alert Price: $0.3648
Float: 28.3M
Chart Analysis
Website | Recent News
July 2019 Investor Handbook
Members,
We hope you had a great Labor Day Weekend, but we are back to work and are presenting you with a low-float OTC QX listed alert that has already been issued on our Trading View account, and whose chart is currently screaming for a breakout.
Please turn your attention to Coral Gold Resources Ltd. (CLHRF)
Shares of CLHRF hit highs of $0.3655 yesterday, A NEW 52 WEEK HIGH, delivering intraday gains of over +7.25%, while trading on higher than average volume.
It appears to be only a matter of time before we see our next yearly high, and it could be tomorrow!
Here's why...
7 REASONS TO INVEST IN CORAL GOLD
Royalty with Barrick Gold
Strong Balance Sheet with C$18M in Cash
Shares at or Below Cash Value
Pre-feasibility & Drilling Underway
Nevada Properties
Insider Holdings is about 30% of outstanding shares
Exceptional Share Structure
About Coral Gold Resources Ltd.
Operating in Nevada for over 30 years, Coral Gold Resources has established itself as an exceptionally well-managed and well-positioned gold exploration company. We hold an uncapped, sliding scale royalty on a key property with the world’s largest gold producer. We also maintain three nearby, highly-prospective projects in one of the world’s richest gold districts. Coral Gold is recognized as a leader with a visionary and tenacious approach to property acquisition and exploration while attracting top talent and major company interest. With over $18 million in cash and a very favourable share structure, the company is ideally poised to pursue its long-term vision for growth in North America.
Coral Gold Resources is a successful precious metals company operating in Nevada, where Coral holds an uncapped, sliding scale royalty with Barrick Gold on the Robertson Project and where Barrick has begun pre-feasibility & permitting to bring Robertson into production. Coral maintains three highly-prospective projects nearby in one of the world's richest gold districts. The Company's overall objective is to generate long-term wealth for its shareholders through royalty revenue at Robertson.
Coral Gold Provides Q2 Report on Nevada Gold Mines’ Progress at Robertson Project in Nevada
VANCOUVER, BC / ACCESSWIRE / July 30 2019 / Coral Gold Resources Ltd. (TSX-V: CLH; OTCQX: CLHRF) (“Coral” or the “Company”) reports that Nevada Gold Mines (“NGM”) continues to advance activities on the Robertson Project in the Cortez region of Nevada where Coral retains a net smelter returns royalty (NSR). NGM’s work during the quarter focused on analyzing data from 2018 drilling and continuing the 2019 drill program.
NGM recently delivered its Q2 2019 summary of work completed at Robertson, reporting that the 2019 core drilling program (13,290-meters), which began in early March, continued through the quarter with 5,517 meters completed. NGM reports that infill and comparison drilling at the Porphyry and Altenburg Hill zones was completed while infill drilling at the Gold Pan/39A zone was delayed.
NGM also continued to develop updated geological and metal models. This work includes data addition from 45 core holes drilled in 2018 to develop the mineral inventory, upgrade the geology understanding and advance metallurgy. In its Q1 report, NGM noted that “Results from 2018 whole core assaying increased the grade thickness and highlights a previous under sampling trend.”
“NGM continues to make steady, methodical progress at Robertson,” said Coral Gold President and CEO David Wolfin. “They are gaining new insights into geology, grades and metallurgy, and we believe this thorough approach is the best way to bring the property onstream. We’re very pleased with both the results and the exceptional team developing the property.”
As in the previous quarter, NGM continued its baseline study work, including waste/ore characterization, along with Phase II Heap leach column testing. Baseline study work must be completed prior to the permitting stage.
Coral’s NSR at Robertson
After sale of the Robertson Project to Barrick in 2017 (now held within Nevada Gold Mines), Coral retains a sliding scale, 1% to 2.25% NSR on the project. Coral’s NSR is subject to potential advance royalty payments as well as a right of first refusal enabling Barrick to acquire the NSR if the Company wishes to sell the NSR to any third party. The royalty increases with an increase in the price of gold. Details of the NSR are available on Coral’s website.
Recent Developments For CLHRF
CORAL GOLD PROVIDES Q2 REPORT ON NEVADA GOLD MINES’ PROGRESS AT ROBERTSON PROJECT IN NEVADA
CORAL GOLD PROVIDES Q1 REPORT ON BARRICK’S PROGRESS AT ROBERTSON PROJECT IN NEVADA
CORAL GOLD PROVIDES 3RD QUARTER 2018 EXPLORATION UPDATE ON ROBERTSON
Technical and Fundamental Analysis:
As most of you know, we love low-float picks like this one because of their potential for huge single-session gains.
CLHRF is looking extremely attractive at it's new 52 week high.
CLHRF is unusually well funded for a junior company, plus a potentially significant stream of royalties at Robertson, with a highly diversified approach to growth.
CLHRF has an exceptional share structure, with a small number of shares outstanding for a company at this stage of development.
The Bottom Line
We believe that CLHRF has the potential to be one of the biggest gainers on the OTC QX in the near future.
After establishing a new yearly high today, who knows what tomorrow could bring.
CLHRF's chart is trending bullish, and it appears to be only a matter of time before we see a close at another 52 week high!
As such, we are urging all members to act fast, start their research, and make sure to add CLHRF to the top of their watchlist!
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
You can now join our Free SMS Text Alert Service using the quick and easy process below to guarantee that you receive our trade alerts the second they are released.
Step 1: Using your mobile/cell phone, send a new text message to 67076.
Step 2: In the body of the text message, type "PROFITS" (remove the quotes)
Step 3: Push send. You should receive a confirmation reply instantly - that's it!
Sincerely,
The Momentum OTC Team
DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned here within, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have not been compensated to conduct investor relations advertising and marketing for CLHRF. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.
Alert Price: $0.3648
Float: 28.3M
Chart Analysis
Website | Recent News
July 2019 Investor Handbook
Members,
We hope you had a great Labor Day Weekend, but we are back to work and are presenting you with a low-float OTC QX listed alert that has already been issued on our Trading View account, and whose chart is currently screaming for a breakout.
Please turn your attention to Coral Gold Resources Ltd. (CLHRF)
Shares of CLHRF hit highs of $0.3655 yesterday, A NEW 52 WEEK HIGH, delivering intraday gains of over +7.25%, while trading on higher than average volume.
It appears to be only a matter of time before we see our next yearly high, and it could be tomorrow!
Here's why...
7 REASONS TO INVEST IN CORAL GOLD
Royalty with Barrick Gold
Strong Balance Sheet with C$18M in Cash
Shares at or Below Cash Value
Pre-feasibility & Drilling Underway
Nevada Properties
Insider Holdings is about 30% of outstanding shares
Exceptional Share Structure
About Coral Gold Resources Ltd.
Operating in Nevada for over 30 years, Coral Gold Resources has established itself as an exceptionally well-managed and well-positioned gold exploration company. We hold an uncapped, sliding scale royalty on a key property with the world’s largest gold producer. We also maintain three nearby, highly-prospective projects in one of the world’s richest gold districts. Coral Gold is recognized as a leader with a visionary and tenacious approach to property acquisition and exploration while attracting top talent and major company interest. With over $18 million in cash and a very favourable share structure, the company is ideally poised to pursue its long-term vision for growth in North America.
Coral Gold Resources is a successful precious metals company operating in Nevada, where Coral holds an uncapped, sliding scale royalty with Barrick Gold on the Robertson Project and where Barrick has begun pre-feasibility & permitting to bring Robertson into production. Coral maintains three highly-prospective projects nearby in one of the world's richest gold districts. The Company's overall objective is to generate long-term wealth for its shareholders through royalty revenue at Robertson.
Coral Gold Provides Q2 Report on Nevada Gold Mines’ Progress at Robertson Project in Nevada
VANCOUVER, BC / ACCESSWIRE / July 30 2019 / Coral Gold Resources Ltd. (TSX-V: CLH; OTCQX: CLHRF) (“Coral” or the “Company”) reports that Nevada Gold Mines (“NGM”) continues to advance activities on the Robertson Project in the Cortez region of Nevada where Coral retains a net smelter returns royalty (NSR). NGM’s work during the quarter focused on analyzing data from 2018 drilling and continuing the 2019 drill program.
NGM recently delivered its Q2 2019 summary of work completed at Robertson, reporting that the 2019 core drilling program (13,290-meters), which began in early March, continued through the quarter with 5,517 meters completed. NGM reports that infill and comparison drilling at the Porphyry and Altenburg Hill zones was completed while infill drilling at the Gold Pan/39A zone was delayed.
NGM also continued to develop updated geological and metal models. This work includes data addition from 45 core holes drilled in 2018 to develop the mineral inventory, upgrade the geology understanding and advance metallurgy. In its Q1 report, NGM noted that “Results from 2018 whole core assaying increased the grade thickness and highlights a previous under sampling trend.”
“NGM continues to make steady, methodical progress at Robertson,” said Coral Gold President and CEO David Wolfin. “They are gaining new insights into geology, grades and metallurgy, and we believe this thorough approach is the best way to bring the property onstream. We’re very pleased with both the results and the exceptional team developing the property.”
As in the previous quarter, NGM continued its baseline study work, including waste/ore characterization, along with Phase II Heap leach column testing. Baseline study work must be completed prior to the permitting stage.
Coral’s NSR at Robertson
After sale of the Robertson Project to Barrick in 2017 (now held within Nevada Gold Mines), Coral retains a sliding scale, 1% to 2.25% NSR on the project. Coral’s NSR is subject to potential advance royalty payments as well as a right of first refusal enabling Barrick to acquire the NSR if the Company wishes to sell the NSR to any third party. The royalty increases with an increase in the price of gold. Details of the NSR are available on Coral’s website.
Recent Developments For CLHRF
CORAL GOLD PROVIDES Q2 REPORT ON NEVADA GOLD MINES’ PROGRESS AT ROBERTSON PROJECT IN NEVADA
CORAL GOLD PROVIDES Q1 REPORT ON BARRICK’S PROGRESS AT ROBERTSON PROJECT IN NEVADA
CORAL GOLD PROVIDES 3RD QUARTER 2018 EXPLORATION UPDATE ON ROBERTSON
Technical and Fundamental Analysis:
As most of you know, we love low-float picks like this one because of their potential for huge single-session gains.
CLHRF is looking extremely attractive at it's new 52 week high.
CLHRF is unusually well funded for a junior company, plus a potentially significant stream of royalties at Robertson, with a highly diversified approach to growth.
CLHRF has an exceptional share structure, with a small number of shares outstanding for a company at this stage of development.
The Bottom Line
We believe that CLHRF has the potential to be one of the biggest gainers on the OTC QX in the near future.
After establishing a new yearly high today, who knows what tomorrow could bring.
CLHRF's chart is trending bullish, and it appears to be only a matter of time before we see a close at another 52 week high!
As such, we are urging all members to act fast, start their research, and make sure to add CLHRF to the top of their watchlist!
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
You can now join our Free SMS Text Alert Service using the quick and easy process below to guarantee that you receive our trade alerts the second they are released.
Step 1: Using your mobile/cell phone, send a new text message to 67076.
Step 2: In the body of the text message, type "PROFITS" (remove the quotes)
Step 3: Push send. You should receive a confirmation reply instantly - that's it!
Sincerely,
The Momentum OTC Team
DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned here within, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have not been compensated to conduct investor relations advertising and marketing for CLHRF. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.