Lower 48 has the right to earn a 100% interest in the claims subject to the Option Agreement upon making an aggregate of $1,000,000 in payments to BHLK over a seven-year period. Of the 99 unpatented claims, 53 are owned directly by Lower 48 and 46 optioned claims are held subject to an agreement with BHLK-2 LLC.
The Lemhi Project is comprised of 99 unpatented claims and 11 patented claims subject to certain existing encumbrances, which have over 10,000 meters of historic drilling. Freeman’s Lemhi Gold Project Present Uncapped Potential The significance of that is Lower 48 just acquired the right to acquire the Lemhi Gold Project located in Lemhi County, Idaho, USA. The company recently completed the acquisition of the parent company of Lower 48 Resources Ltd. 3 in North America on the 2019 Fraser Institute rankings of mining attractiveness index.ĭespite its early stage status, Freeman has already begun its acquisition strategy in Idaho. Believe it or not, Idaho is one of the top-ranked jurisdictions globally with an extensive and rich mining history. Its latest acquisition, however, could put the company right in the middle of one of the most gold-rich areas of the world. ( CSE: FMAN) ( OTC: FMANF) (FSE: 3WU) is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA. The fact that not one but multiple stocks (including many not mentioned here) produced thousands in percentage gains means that there is likely a huge focus on what’s next and which junior gold stocks to watch right now.įreeman Gold Corp. What has been the single-most important factor of profiting from gold sector rallies? Being early! Notice that “early investors” in every case managed to reap the most rewards along the way. The Primary Goal for Investing is to Buy Low and Sell High There’s no arguing the explosive potential of the juniors especially during times of bull markets for gold stocks. Investors also saw gold stocks like New Gold run from $0.75USD to highs of $14.15USD and Novagold jump from $0.37USD to highs of $16.90USD. That 1,500+% move wasn’t a stand-alone either. But we can clearly see that the one that presented the biggest percentage gains for investors was junior gold stock, Wheaton. Obviously, you have the gold mining giants like Barrick Gold (GOLD) and Newmont Goldcorp (NEM) that rallied hundreds of percentage points during the last gold boom. It doesn’t take a certain skill set to see that financial unrest and a global economic meltdown triggered a huge flight to safe haven investment like gold stocks: Companyġ,536% Gold Stocks Could Stand to Present the Biggest Opportunities The 2008 financial crisis left a wake of destruction and scorched earth but out of the ashes rose massive opportunity for those that had the foresight to think ahead and ultimately realize the opportunity in front of them and as a result REAL WEALTH WAS BUILT! The Last Financial Crisis Created Some of The World’s Biggest Opportunities To Capitalize On Commodities With Gold Leading The Chargeĭuring the 2008 financial crisis companies like Barrick Gold Corporation, Wheaton Precious Metals, and Newmont Corp. Is the stock market dead? Absolutely not and these major disruptions could have made a perfect storm for one industry: Gold Mining!
The long-term ramifications of these moves have shaken the economy to its very core as investors grapple with slowing economic growth data and abysmal corporate earnings results. It has ultimately resulted in the central bank lowering rates to 0% while the government has flooded the markets with trillions of dollars in stimulus to not repeat another Great Recession. I mention this because this unique mix of historic events has culminated into one giant financial mess. Wildfires, China trade wars, and coronavirus are just a few of the big-ticket items from 2020. This year has been one for the history books. Global Unrest, Currency Instability, & Massive Slowdowns Across Global Economies Could Create Immediate Opportunity for Junior Gold Stocks Like:
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