Not a Crypto guy but love the environment we live in unsiretinty for sure. I like dodging bullets and jumping off fast moving things. This speaks to me naturally. I think it will go up for sure, Crystal Ball owner.
FreeGold Ventures FVL
Exploring for gold and copper near Fairbanks, Alaska. FVL completed a preliminary economic assessment in Jan of 2016.
With data provided from PEA(done with a $1,300oz):
-24 year mine life
-peak annual production of 158,000 ounces
-total production 2,310,000
Quick Rough Math
2,310,000 x $1,700 = $3,927,000,000
I WOULD THINK...
So if you look at the History of JNUG it is fairly constant at 18-30 dollar range if you equate for the splittings. So at these 3 dollar ranges I think JNUG would be a great buy but... in these markets its hard to say. Also just moving from a x3 leveraged to x2 could split again. However I would have to believe gold miners are getting excited per once/the price...
I have fun Watching this thing breathe low time frame it looks like its suffocating but one week older candles looks alive I wonder if that translates long term amazing buy under $35.
Thanks for stoping in.