benarcotta

NGD Cheap contracts with potential if gold continues to run

Long
AMEX:NGD   New Gold Inc.
Hey y'all, I have been looking at gold prices and if we can get back above $1960/oz we should keep running up to $2000+/Oz. If this happens have your eyes on NGD, I have options in this company for $3 strike may 21. They are extremely cheap and We could see 100% gain on these contracts or higher. Gold Is looking amazing for the 2021 year and multiple analysts have a 3000$/oz price target. When gold rose to $1960 on Monday NGD saw an 8% gain. Gold will rise when the USD goes down, and also when more inflation happens (current market). We could see Ngd run to $5 Possibly higher. Make sure you do more of your own research and please inform me as well. Look for future outlook releasing sometime this January for NGD as well.

I have added the gold chart into this analysis and it is the orange line.

Thanks,
Ben

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