NIA previously announced Power Nickel (TSXV: PNPN) at $0.225 per share as its #3 ranked most undervalued resource stock with the most upside potential. PNPN gained by 9.35% on Friday to a new all-time high of $1.17 per share for a gain of 420% from NIA's suggestion price.
Months after NIA's suggestion of PNPN both Robert Friedland and Rob McEwen invested big into the company. PNPN has a high-grade polymetallic deposit in Quebec that most recently discovered 29.40 m of 0.53 g/t gold, 11.95 g/t silver, 1.15 % copper, 1.08 g/t palladium, 0.36 g/t platinum, and 0.06% nickel.
Robert Friedland and Rob McEwen are two of our favorite investors in the industry. Friedland recently traded houses with Ellen DeGeneres because he thought her mansion had a better view!
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 previously 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.
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