Venezuela is planning its invasion of Guyana causing gold exploration stocks based in Guyana to crash including G2 Goldfields (TSXV: GTWO) and Reunion Gold (TSXV: RGD). These companies could soon be nationalized by Maduro similar to what Hugo Chavez did to Rusoro Mining (TSXV: RML). These developments are good for RML because it solidifies that they will soon collect their US$1.78 billion from the auction of Citgo, but after RML gets paid there won't be any money left for GTWO or RGD if they win lawsuits in the future. RML is currently trading for $0.42 per share up by 740% since NIA's suggestion at $0.05 per share.
Stay away from gold explorers in high-risk jurisdictions.
All of NIA's gold stock suggestions are in the world's best jurisdictions.
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. This message is meant for informational and educational purposes only and does not provide investment advice.