Brien Lundin, in the May, 2016, edition of the Gold Newsletter, says hold Precipitate Gold Corp., recently 15 cents. Mr. Lundin said buy four times from September, 2012, to May, 2015, at prices ranging from 14 cents to 38 cents. Assuming a $1,000 investment for each of the four buys, the $4,000 position is now worth $3,348. Precipitate Gold has received concessions from the Dominican Republic government on the Oeste and Cuarita claims, increasing the size of its Juan de Herrera project. The total concession covers 12,746 hectares spanning 52 kilometres northwest to southeast. Oeste and Cuarita are fully permitted for exploration. The company has recently completed a field program at Juan de Herrera through a data-sharing program with GoldQuest Mining Corp. Precipitate plans to conduct follow-up sampling, trenching and geophysical surveying to identify new drill targets. Hold for now.
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