Discovery Silver (TSX: DSV) is up another 4.95% this morning to $2.12 per share its post Porcupine acquisition market cap just hit $1.72 billion! DSV has now gained by 309.10% since NIA's suggestion of Levon Resources at an acquisition adjusted price of $0.5182 per share!
The #1 largest DSV shareholder Eric Sprott didn't buy more DSV shares in their $247.5 million bought deal last month at $0.90 per share, but he did buy $2 million in additional Borealis Mining (TSXV: BOGO) shares in their $10 million bought deal last month at $0.56 per share!
DSV is now trading for 2.34x above its February bought deal offering price of $0.90 per share vs. BOGO only trading for slightly above its February bought deal offering price of $0.56 per share!
Discovery Silver (TSX: DSV)'s CEO Tony Makuch recently became the Chairman of Borealis Mining (TSXV: BOGO)!
Besides Eric Sprott buying more BOGO shares so did Rob McEwen who was an early investor in NIA's Power Metallic Mines (TSXV: PNPN) prior to it gaining by 775%+ from NIA's suggestion price! Sprott also played an important role in helping PNPN gain by 775%+ because he co-founded Save Canadian Mining with PNPN's CEO Terry Lynch!
BOGO's acquisition of Sandman will close within days!
On January 25, 2010, Newmont announced the following Sandman drilling results:
"Work by Newmont at Sandman has focused primarily on two near-surface gold deposits - Southeast Pediment and Silica Ridge. Recent drilling at these two growing deposits has returned more bonanza-grade gold intercepts with highlights as follows:
Silica Ridge:
90.28 g/t gold (2.633 ounces per ton) and 126.54 g/t silver (3.691 oz/ton) over 3.47 metres in NSM-142;
86.91 g/t gold (2.535 oz/ton) over 1.19 metres and 13.15 g/t gold (0.384 oz/ton) over 7.16 metres in NSM-141;
20.03 g/t gold (0.584 oz/ton) over 2.99 metres in NSM-126;
22.37 g/t gold (0.652 oz/ton) over 3.47 metres in NSM-123.
Southeast Pediment:
52.45 g/t gold (1.53 oz/ton) over 1.01 metres, in NSM-147;
9.23 g/t gold (0.269 oz/ton) over 1.22 metres in NSM-146."
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. NIA has received compensation from BOGO of US$100,000 cash for a twelve-month marketing contract. NIA has received compensation from PNPN of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.