Gold Standard Ventures Corp (GSV)
Gold Standard Ventures Corp is a mineral exploration company, which essentially means they are in the business of acquiring and exploring a myriad of gold projects based out of North central Nevada. Gold Standard Ventures Corp (GSV) operates in both the U.S. and Canada geographic segments. Its portfolio of projects includes Railroad-Pinon, East Camp Douglas, Crescent Valley North, Safford Claims-Silver Project & East Bailey. My initial investment within this business was worth around $107,200 (40,000 shares @ 2.68). Over the course of ownership the share price plummeted to about $2.34 impacting my portfolio drastically. Although it did change my view of the company in the interim I still held onto my belief that ultimately depended on the recovery of the gold market as a whole. This belief was fuelled by several factors. Firstly, I researched the active projects at GSV. After conducting some basic research I was able to extrapolate the fact that both the railroad-pinon project and Crescent Valley North project were widely regarded as some of the most promising projects within the industry. Following my initial interest in this company it was announced that GSV would me making a $13.4 million contribution to its existing Railroad Pinion project in Nevada. A key component to the flagship Railroad- Pinion Project is the the fact that it is classified as a high grade zone. Finding high grade gold at these widths (this near surface and in this part of the world) makes this company a legitimate acquisition target creating tremendous upside. Although I am currently in the red I would hold it in both my personal and virtual portfolio.
StemCells Inc (STEM)
Stem Cells Inc represents my most profitable virtual trade to date. I initially purchased 8253 shares at $1.37. StemCells inc has a strong focus on developing and commercializing genetic modification based treatment. If implemented on a mass level it could ignite an entirely new sub-sector within biotechnology. Following a stage 2b update STEM sky rocketed about 10 percent within an hour of the market being open. This has taught me that having a comfortable cash reserve plays a crucial role in trading as if I was able to invest a higher amount into STEM my return could of dramatically altered my portfolio.
Gold
I feel that this upcoming week will be filled with volatility and more importantly opportunity. Gold generally acts inverse to the value of the dollar. When investors feel unconfident about US currency they often convert any cash into gold. With Donald Trump closing in on Hillary Clinton their is great uncertainty in the air regarding the US economy as a whole. If I were to place my bet I would say that leading up to and following the debate scheduled for Monday equities in general will fall including the dollar and we will see a noticeable rise in commodities, specifically gold. Gold is seen by many as a potential trading standard in the event of economic destruction. This destruction may be seen more likely in the current political climate.
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