IROG .14 Cents-IRONWOOD GOLD CORP-The Next LEXG?
With its current share price of just .14 cents looks to be one of the most promising junior Gold exploration companies in Nevada Usa. They own a major stake on one of the most richest gold mineral deposits in the heart of Nevada. We have been behind IROG for quite some time after doing our research. The company did a reverse split on Oct 28th, 2011 to lower their share structure and make their share price more attractive. The CEO also has stated in the latest 10K filings that he will not sell any of his shares until at least the end of November 2012 of next year. This brings confidence from the CEO about his company and something investors should look at on a positive note. The stock is now slowly starting to get noticed by traders after we brought it to the general public and with the companies recent 10K and financials filed this week the company appears to be positioning themselves for what we feel could be a life changing opportunity. Some of you may recall LEXG which was .10 cents back on the end of January 31st, 2011 and the stock surged to over $10/ a share just 3 months later. LEXG being a lithium play to be able to achieve such extrordinary possibilities just makes our mouths water as we look at IROG being a Gold miner with huge potential.
Above you can see the detailed map of the Nevada mining district which bodes as very promising for IROG. IROG also is awaiting results of the Falcon Exploration on its Nevada mine property. We expect major positive outcome on the results which are expected to be released shortly. As inflation rises and the Eurozone and worldwide debt crisis worses we expect Gold and Silver to surge in prices. Gold prices could see a staggering $8,000 by 2013. Ultimately Gold miners such as IROG with its low float could be that one stock that could make it a lifechanger for many.