As we await Clean Air Metals (TSXV: AIR) to release drill results for the first few drill holes of their currently ongoing 10,000m drilling campaign at Escape Lake, which we believe will achieve many huge intercepts of incredibly high-grade palladium and platinum along with strong grades of nickel and copper... thereby making it North America's highest quality, lowest risk PGM project... we want to remind you that we made Benton Resources (TSXV: BEX) our #1 overall mid-year 2020 pick for many different reasons. Even though we are well aware that BEX will never achieve the same level of buzz and notoriety that AIR will 1,000% for sure achieve in the months ahead... and even though BEX doesn't have a management team consisting of the mining industry's biggest names like Jim Gallagher and Abraham Drost in addition to billionaire Eric Sprott being AIR's #2 largest shareholder after BEX... among in the know mining executives in the Ontario area BEX's CEO is widely respected as being Canada's king of palladium/platinum exploration. He simply is the most well-connected person in the palladium/platinum space. BEX's CEO is the man who found out last year about Rio Tinto's extremely high-grade Escape Lake palladium/platinum intercepts from 2011-2012, which were purposely kept secretly for many years because Rio Tinto didn't own Thunder Bay North, which completely surrounds Escape Lake. What BEX's CEO achieved by successfully consolidating Thunder Bay North and Escape Lake is equivalent to what the legendary Pat Riley achieved in 2010 when he somehow signed Lebron, Wade, and Bosh to play together... thereby forming a Miami Heat team that made four straight NBA finals winning two championships!
It appears as though BEX is filling in the gap that exists in its chart between $0.12 and $0.125, but after it does we expect BEX to skyrocket to well above $0.20 per share. BEX's cash and stock/royalties in AIR, QRO, and MVT alone are currently worth $0.20 per share. BEX at any share price of below $0.20 is receiving absolutely no value for 12 mining projects that deserve major value including BEX's 100% owned Coldwell West Project, which is adjacent to Generation Mining (CSE: GENM)'s 51% owned Marathon Project, a palladium project currently being valued at $110 million!
BEX's market cap once it fills in the gap by dipping to $0.12 per share will be only CAD$10.45 million. If Coldwell West was spun off into a separate publicly traded entity, which appointed a management team dedicated exclusively to exploring the project, the market would immediately value Coldwell West by itself at a market cap of well above CAD$10.45 million! We see no possible way that BEX remains below $0.20 per share for long.
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's President has purchased 1.14 million shares of BEX in the open market. He intends to sell in the future for a profit but could also add additional shares at any time. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
