Palladium futures have just exploded today by $51 to a new all-time high of $2,183.50 per oz! NIA is excited to announce its brand new #1 favorite palladium stock suggestion!
21C Metals (CSE: BULL) is currently trading for $0.105 per share with 65.443 million shares outstanding and a market cap of only CAD$6.87 million or USD$5.26 million! Up until now, we believe the market has priced BULL as a cobalt play, completely unaware that BULL recently acquired a high-quality North American palladium exploration project!
Last month, North American Palladium got acquired by Impala for CAD$1 BILLION! Back in 2017, NIA's first ever palladium stock suggestion Stillwater Mining got acquired by Sibanye Gold for USD $2.2 BILLION! Following the acquisitions of North American Palladium and Stillwater Mining, there are no more independent publicly traded North American palladium producers. The newly combined Sibanye Stillwater (SBGL) gained by 274.62% over the last twelve months making it the #1 best performing large cap mining stock in the entire market, but SBGL's South African gold division is burning through all of the cash its Stillwater palladium mine generates! If SBGL didn't acquire Stillwater in 2017 it would be bankrupt today! Nearly all of SBGL's $12 BILLION enterprise value is for their Stillwater mine!
We expect word to spread fast about BULL's East Bull Palladium Project in the weeks ahead, which is located in Gerow Township, Ontario, Canada. BULL acquired the 992 hectare project less than one year ago and has already established a 43-101 compliant palladium resource!
BULL's East Bull Palladium Project has a maiden inferred resource of 11.1 million tonnes of 1.46 g/t palladium equivalent for 523,000 oz of palladium equivalent! Best of all, BULL's entire resource is located within 120m of surface! Palladium is the primary metal contained in BULL's resource with 11.6X more palladium than platinum! The resource consists of 0.58 g/t palladium, 0.05 g/t platinum, 0.04 g/t rhodium, 0.05 g/t gold, 0.14% copper, 0.05% nickel, and 0.01% cobalt!
BULL believes it could potentially quadruple the size of its palladium equivalent resource by drilling the remainder of the strike and also drilling deeper holes below 120m where it has already discovered palladium. BULL has discovered a total mineralized zone of 3,600m but so far only 1,800m of the strike has been drilled. Furthermore, BULL believes that the mineralization extends down to 240m or double its current depth!
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 has received compensation from BULL of USD$30,000 cash for a six-month marketing contract. 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.