Riding The Gravy Train: Hudson Resources (HUD)

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Tuesday, November 06, 2018

Hudson Resources (HUD)

Hudson Resources is in a very unique position for a penny stock.

Hudson Resources (HUD in Canada, HUDRF in the States) has a viable resource and a 100%-owned soon-to-be-commissioned mine and processing plant in Greenland.

Here's Hudson's latest update:

"Hudson is nearing completion of construction and is on budget with this year’s activities. Commissioning of the plant will commence in the next few weeks. Construction is now 95% complete."

Pictures and videos of the construction progress can be found on the company website at https://hudsonresourcesinc.com/gallery

Here's a 10-year chart showing a major down trend likely soon to be broken:

Here's a 2-year chart showing an 18-month down trend broken today:

We hold shares of HUD at an average cost of $0.44 CAD, and will stop out if it trades below $0.29 CAD.

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Riding The Gravy Train

Tuesday, November 06, 2018

Hudson Resources (HUD)

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