NIA has just discovered a major new perfect storm situation that we believe is likely to make a HUGE short-term gain: Blue Sky Uranium: (TSXV: BSK). Over the past few months, the #1 largest gaining major commodity has been uranium. Since December 7th, uranium futures have gained by 43.1% vs. crude oil declining by 1.45%.
The hottest region for uranium exploration right now is Argentina. Last year, Argentina elected a new President who favors free market polices. His first act in office was to allow the Argentina Peso to float freely, eliminating the destructive currency controls of the previous government that had pegged the Peso to the U.S. dollar at a phony/fake overvalued rate. Afterwards, he lifted Argentina’s 5% export tax on mining exports – instantly causing mining assets in Argentina to become significantly more valuable. Since taking office last year, Argentina has had the best performing stock market – with the Merval index rising 100%!
Argentina is Latin America’s largest producer of nuclear power with three operating nuclear power plants and plans to build two more. Currently, Argentina imports all of its uranium, but the government recently announced a major new mandate: “to ensure the supply of domestic uranium for nuclear power plants in operation, under construction and planned.”
Argentina is the world’s only rapidly growing market for nuclear power without its own domestic supply of uranium and NIA believes Blue Sky Uranium (TSXV: BSK) is set to become the first low-cost domestic uranium supplier in Argentina. BSK’s Amarillo Grande is one of the most advanced uranium projects in Argentina and yesterday BSK announced that it will soon be announcing drilling results from 94 holes totaling 1,276 metres that it just completed at the Ivana target area.
Argentina’s demand for uranium is expected to double between now and 2025. BSK has already grown its project to 420,000 hectares or 5,200 sq miles – giving BSK complete control of the entire uranium district.
BSK is a member of the Grosso Group of companies. The Grosso Group is the most experienced group of resource investors in all of Argentina – and are the same investors who put together Golden Arrow Resources (TSXV: GRG). On July 22, 2016, NIA suggested GRG to you at $0.91 per share and predicted that GRG would have a “key breakout point” of $1.20 per share. One week after NIA’s suggestion, GRG surpassed its “key breakout point” of $1.20 and within the following 24 hours it exploded an additional 23.33% to a high of $1.48 for a total gain of 62.6% in only six trading days!
When GRG gained 62.6% to $1.48 within 6 days of NIA’s suggestion, it reached a market cap of $143.74 million. BSK’s current market cap here at $0.36 is only $27.46 million – and that’s including the newly issued shares for a HUGE investment it just received one week ago of over $3 million!
We expect the drilling results that BSK will soon be announcing to be extremely impressive and for the stock to make a short-term move to over $1!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has been compensated by BSK $40,000 cash for a two-month investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.