NIA's #3 overall stock suggestion Power Nickel Inc. (TSXV: PNPN) has just announced this morning that they intercepted 9.5% Copper Equivalent over 15.4m in the Lion Discovery Zone. It will probably hit new 52-week highs in the days ahead. In comparison, NIA's latest brand-new copper stock suggestion Abitibi Metals (CSE: AMQ) most recently intercepted 4.82% Copper Equivalent over 13.15m. PNPN definitely achieved a stronger intercept than AMQ, but PNPN's market cap is currently CAD$100.727 million vs. AMQ's market cap of CAD$43.173 million. PNPN has momentum and the shorts are still covering vs. AMQ a lot of resistance. We expect AMQ's resistance to end about a month from now. AMQ resumes drilling early next month. Our guess is that AMQ will breakout like PNPN in July.
NIA's #1 overall stock suggestion Augusta Gold (TSX: G) has no resistance and is overdue for a 50%-100% ramp up in share price in the upcoming weeks.
Zacatecas Silver (TSXV: ZAC) also appears to have very little/no resistance. Research ZAC now and don't wait for drilling to begin. Eric Sprott has invested into ZAC, and he helped create the short squeeze in PNPN. Alamos Gold (AGI) a $6.85 billion gold miner is ZAC's largest shareholder.
Rusoro Mining (TSXV: RML) has a 90% chance of hitting $2 per share by July 15th. The judge has just cleared the way for the final bids for Citgo.
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 PNPN of US$50,000 cash for a six-month marketing contract. NIA has received compensation from LFG Equities Corp. of US$30,000 cash for a three-month AMQ marketing contract. NIA has received compensation from ZAC of US$30,000 cash for a three-month marketing contract. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.