Ely Gold Royalties (TSXV: ELY) just hit a new all-time high of $0.68 per share up 126.67% from NIA's August 1st suggestion at $0.30 per share! NIA believes that Coral Gold (TSXV: CLH) currently priced at $0.52 per share will become February's #1 gold royalty play!
Back on August 1, 2019 at 12:49PMEST, NIA sent out an alert entitled, 'Most Profitable Way to Play Gold'. Click here to read it.
In this alert, NIA said, "Over the past decade, it has been 100% proven that the #1 most profitable way to invest into gold/silver has been by buying the stocks of gold/silver royalty & streaming companies. NIA's first ever silver stock suggestion was silver royalty & streaming company Wheaton Precious Metals (WPM) back on February 26, 2009 at $6.74 per share. Over the following 25 months, WPM rose by 606.23% to a high of $47.60 per share, rising 8X more than the S&P 500."
NIA showed how since October 23, 2008, the world's three largest gold/silver royalty & streaming companies Franco-Nevada (FNV), Royal Gold (RGLD), and Wheaton Precious Metals (WPM) had achieved an average total return of 716.77% vs. the two largest gold/silver mining companies Newmont (NEM) and Barrick (GOLD) achieving an average total return of only 48.03%. This meant that gold/silver royalty & streaming companies had performed 14.92X better than gold/silver mining companies!
NIA concluded its alert by saying, "NIA believes that it has discovered the #1 most perfectly positioned gold/silver royalty & streaming opportunity in the market today and is getting ready to announce it!"
Less than three hours later at 3:30PMEST, NIA announced Ely Gold Royalties (TSXV: ELY) as its #1 favorite gold royalty stock suggestion at a price of $0.30 per share. Click here to read NIA's ELY announcement alert!
NIA said in its August 1st ELY announcement alert, "ELY recently acquired a 0.75% Gross Receipts Royalty in Gold Resource Corp (GORO)'s Isabella Pearl Gold Mine." NIA explained, "GORO has just reported its first commercial production from the Isabella Pearl Gold Mine in 2Q 2019!" Although ELY's royalty of 0.75% in the Isabella Pearl Gold Mine's main gold reserve isn't necessarily huge, NIA stressed in its very next paragraph, "GORO is currently working to expand its Isabella Pearl Gold Mine's gold reserve to extend the life of the mine and is also launching exploration outside of the Isabella Pearl Gold Mine's gold reserve area in the Scarlet and Civit Cat North West targets, where ELY holds a 2.5% Net Smelter Royalty!"
Yesterday, GORO announced strong gold intercepts from its maiden drill program at the "Scarlet" target located 400 meters north west of its operating Isabella Pearl Gold Mine. Keep in mind, any strong gold grades discovered here is extremely significant for ELY because its royalty covering Scarlet is 3.33X larger than its royalty covering the main Isabella Pearl Gold Mine gold reserve where GORO is currently producing from! On top of that, GORO is good at bringing its projects into production very quickly.
GORO's Scarlet drillhole #IPRC-113 intercepted 1.39 g/t gold over 6.10m and 0.76 g/t gold over 22.86m.
GORO's Scarlet drillhole #IPRC-118 intercepted 1.03 g/t gold over 24.38m.
GORO's Scarlet drillhole #IPRC-119 intercepted 0.83 g/t gold over 9.14m.
GORO's Scarlet drillhole #IPRC-117 intercepted 0.76 g/t gold over 12.19m.
GORO's Scarlet drillhole #IPRC-110 intercepted 0.67 g/t gold over 10.67m.
GORO's Scarlet drillhole #IPRC-116 intercepted 0.63 g/t gold over 4.57m and 0.44 g/t gold over 33.53m.
ELY's most valuable asset is their 2% NSR royalty in Wallbridge Mining (TSX: WM)'s Fenelon Gold Project and WM also announced HUGE news yesterday that it intercepted 43.47 g/t gold over 19.00m!
NIA believes that Coral Gold (TSXV: CLH) will be the next gold royalty play to breakout big and we will explain why tonight! CLH here at $0.52 per share has NIA's highest level of confidence 100 out of 100!
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 was previously compensated by ELY USD$30,000 cash for a six-month marketing contract which has since expired. 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.