Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

Northern Vertex Mining: Low Costs, Low Initial CAPEX And Low Risk Make This Downtrodden Gold Miner A Strong Buy

(Authors' note: Note that Northern Vertex Mining is highly illiquid on the OTCBB market and investors will find far more liquidity on the Toronto Venture Exchange under the ticker symbol NEE.)

Northern Vertex Mining (OTCPK:NHVCF) hasn't participated in the rally in gold mining stocks so far in 2014. The shares are down nearly 50% whereas the Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) has risen over 17%.

Nevertheless, there doesn't seem to be any reason for this underperformance. The company has been making generally positive announcements regarding its JV Moss Project, which began its initial phase of production last November. The company is producing more gold than initially thought due to higher recovery rates, and it...

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