Northern Tiger Continues to Break Out to All Time HIGHS

I mention NTR's late trading surge yesterday and again today it continues its momentum to an intraday high of .425 before trading back to its current .39. I mentioned yesterday that if it didn't break .40 that this would be a good spot to sell... the way its trading today, in almost all certainty its gonna close plus .40 in a late day surge. .40 seems to be a significant wall for all Canadian Penny stocks. Almost a psychological wall for investors. I mentioned that until NTR starts drilling the 3Acre discovery that the momentum will eventually die, but I think there is good reason to hold on to NTR and that upcoming developments will drive this $25 M market cap explorer much higher.

Here is why this stock is a must own in the White Gold District in the Yukon. Not only did they announce the discovery of an extremely high grade discovery at 3Acre. Northern Tiger is drilling a large porphyry gold-copper target on their Sonora Gulch property that in 2008 yielded results of 26.6 meters grading 5 g/t gold, 11.9 g/t silver and 0.23% copper. On July 15th they announced that drilling was underway on this high priority target and that 2 holes had already been completed in the 3,000 meter drill program. They did an IP survey that indicated several high priority chargeability anomalies over a 2 by 1 km area that were separate, but spatially related. This could indicate a very large porphyry target and if NTR can get duplicate previous results in the nine priority holes they have planned this summer then Northern Tiger will be the next Yukon explorer to hit to hit the discovery news.

That news was released 3 weeks ago so assays from the lab could be back as early as next week. With such a large and intensely charged prospective target being drilled that has already delivered great results. NTR is almost certainly to build upon the momentum that has broken this stock out to all time highs the last week. It seems like every explorer in the White Gold district is making a discovery at the moment, and NTR has very good odds at being the next.

Below is a map of NTR's properties in relation to several significant discoveries in the White Gold District, Yukon.