Wednesday, August 25, 2010

Northern Tiger SP Explodes almost 50% today...

Something seems to be up with NTR. We have previously alerted readers about NTR, their huge high grade vein discovery and the prospective drilling they are doing on their properties in the White Gold district in the Yukon. A drilling update is due anytime now from Northern Tiger on one of their very prospective targets and from the trading today rocketing from .30 to and intraday high of .44... Things look good with NTR. The market never lies. The odd thing about mining penny stocks... is that retail is always the last to know.

We previously mentioned that .40 was a psychological wall for most pennies and would be a good place to sell if it doesn't hold which held true as it sold off to .30. When a stock retests that resistance and breaks it on high volume, it is a very good buy signal that this time it will have a better chance of maintaining the .40 level and beyond. I am expecting great things from NTR as well as other explorers in the area like Kaminak that we alerted readers to at $1.90 2 weeks ago which is now trading at $2.60.

The White Gold District is a great place to put your summer gold money as this is the time that results from a busy exploration season in the Yukon start coming in.

Northern Tiger is my smaller pick for White Gold District with huge Blue Sky Discovery potential with Kaminak being a much more advanced but very large prospective explorer in the district. From the way NTR is trading today and if the volume follows through the rest of the week the market is expecting some good news from NTR.


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