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Lundin says buy Triumph Gold

2017-09-15 19:35 ET - In the News

Brien Lundin, writing in the September, 2017, edition of the Gold Newsletter, says buy Triumph Gold Corp., recently 43 cents. The editor has a long history with the stock, which used to be named Northern Freegold Resources Ltd. He recommended Northern Freegold eight times between October, 2006, and November, 2012, at prices ranging from 13 cents to 80 cents. In March, 2014, Mr. Lundin said sell at four cents. Assuming an investment of $1,000 for each of the eight buys, selling at four cents would have resulted in a $7,151 loss. The company changed its name to Triumph Gold in January, 2017, following a 1:10 rollback. Mr. Lundin says that management completely reorganized and recapitalized the company at that time. Triumph Gold kept the Northern Freegold gold project in the Yukon, where it continues exploring. The property has a five-million-ounce gold equivalent resource. Mr. Lundin says he suspects the company will report pleasing Northern Freegold drill results shortly. Triumph is in the middle of a 13,000-metre drill program. Mr. Lundin says his readers should buy the stock before it releases any assays.

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