NIA has many members who don't have TSX or TSXV trading setup yet to consider companies like Augusta Gold (TSX: G) or Almadex Minerals (TSXV: DEX). As long as gold breaks out like we fully expect it to in the days, weeks, and months ahead... G has extremely high odds of becoming at least a 10-bagger in 2024. DEX at its current share price is practically risk free considering that it is trading for below its cash position, and we see multiple paths to it becoming a 5-bagger in 2024.
The TSX and TSXV were closed today for Boxing Day but will reopen tomorrow. As soon as G surpasses its 200-day moving average of $0.94 per share it will likely explode for an additional gain of 50%-100% within weeks. DEX will never trade below our suggestion price from last week of $0.215 per share.
We don't want to see NIA members who are "stuck investing into U.S. companies" get destroyed in 2024 by recklessly chasing the momentum of a Bitcoin mining company like Marathon Digital (MARA) that we know for a fact will be trading 90%-99% lower one year from now. We witnessed MARA being setup when it was previously a patent company many years ago. It was setup to enrich the founders of the company. All MARA shareholders will get wiped out in 2024.
Zedge (ZDGE) on the other hand could realistically become the #1 largest gaining U.S. listed stock of 2024. ZDGE is the opposite of MARA in every way.
ZDGE gained by 5.24% today to $2.21 per share!
ZDGE is the only U.S. listed stock trading with an enterprise value of less than 0.50X revenue while having a positive net cash position, positive revenue growth, EBITDA of more than 15% of revenue in its most recent quarter, and free cash flow of more than 10% of revenue in its most recent quarter.
ZDGE is the #1 most undervalued stock remaining on any U.S. exchange.
ZDGE will make large gains in 2024 we are 1,000% sure of it, but we can't say the same about any other U.S. listed stock!
If you only have access to U.S. exchanges and for some reason you don't like ZDGE, we suggest sticking with iShares MSCI Brazil ETF (EWZ) until you can setup access to TSX and TSXV trading to fully capitalize on the Great Gold Boom of 2024!
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 a position in EWZ. 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.
Preparing Americans for Hyperinflation
