NIA truly believes that no other organization in the world has achieved anywhere near our level of success over the last 19 months. Fiore Gold (TSXV: F) has consistently been our #1 favorite gold producer for the past 19 consecutive months, beginning with our November 22, 2018 announcement of Fiore as our #1 ranked overall stock suggestion for 2019. Fiore was also our first ever confidence rating of 100 stock suggestion and we continued to rank it as our #1 favorite overall pick when we released our 2019 top 3 mid-year picks report. Fiore hit a new all-time high on Tuesday of $1.21 per share for a gain of 426.09% from NIA's November 22, 2018 suggestion price of $0.23 per share!
During this time period: Fiore has gained 5.27X more than GDX, 5.81X more than GDXJ, 9.43X more than the NASDAQ Composite, 9.88X more than GLD, 24.44X more than the S&P 500, and 145.11X more than the TSX Venture Composite!
Even as Fiore began to make huge gains, NIA was unable to find a gold stock that had bigger upside potential until August 1, 2019 when it announced Ely Gold Royalties (TSXV: ELY) as its #1 biggest gold royalty discovery in history, with NIA predicting that ELY would become the #1 largest gaining gold royalty stock moving forward.
ELY hit a new all-time high on Tuesday of $2.09 per share for a gain of 596.67% from NIA's August 1, 2019 suggestion price of $0.30 per share! During this time period: ELY has gained 20.80X more than GDX, 24.05X more than the NASDAQ Composite, 25.43X more than GDXJ, 27.67X more than GLD, 111.30X more than the S&P 500, and 151.02X more than the TSX Venture Composite!
A few weeks after NIA's ELY announcement, NIA discovered another gold royalty play called Coral Gold (TSXV: CLH) that NIA was 100% confident about because it was trading for less than cash! Even though CLH didn't have as much upside potential as ELY, because CLH was trading for less than cash and owned an extremely valuable royalty in a major Newmont/Barrick controlled advanced stage gold project, NIA considered CLH to have zero downside risk and announced it on August 30, 2019 as its second confidence rating of 100 stock suggestion.
CLH closed at a new 9 1/2 year high on Tuesday of $0.77 per share for a gain of 97.44% from NIA's August 30, 2019 suggestion price of $0.39 per share! During this time period: CLH has gained 3.59X more than the NASDAQ Composite, 4.02X more than GDXJ, 4.87X more than GDX, 5.93X more than GLD, 15.38X more than the S&P 500, and 18.66X more than the TSX Venture Composite!
Early last summer, NIA discovered a gold explorer called Ascot Resources (TSX: AOT) that was trading at an extremely oversold, artificially low share price... despite owning 100% of what we considered to be the #1 highest quality, high-grade, past producing advanced gold project in North America along with an adjacent newly discovered, high-grade, advanced gold project that it successfully acquired at a very good price in January 2019. AOT's massive newly consolidated Golden Triangle project was complete with fully developed surface infrastructure including a 2,500 tpd mill, which we knew would allow for a rapid return to production with very low CAPEX! NIA watched AOT very closely for months knowing that the selling pressure was coming from AOT's two acquisitions that it completed over the prior twelve months. Both acquisitions had illiquid stocks and by AOT acquiring them for shares of its own stock it gave their investors a chance to finally liquidate their holdings.
In late-October 2019, we saw AOT make a dramatic decline on extremely strong volume over a two day period without any news, but then immediately bounce big on only a small fraction of the volume. We were 100% convinced the sellers were finally gone for good and immediately announced AOT on October 31, 2019 as our #1 ranked overall stock suggestion for 2020 and fourth confidence rating of 100 stock suggestion.
AOT hit a new 16-month high on Tuesday of $0.99 per share for a gain of 94.12% from NIA's suggestion price of $0.51 per share! During this time period: AOT has gained 4.02X more than GDXJ, 4.41X more than the NASDAQ Composite, 4.87X more than GDX, 5.93X more than GLD, 6.41X more than the TSX Venture Composite, 39.81X more than the S&P 500!
Although Fiore Gold (TSXV:F) remains our #1 favorite gold producer and we see it rising to $1.50 per share later this summer, we expect Ascot Resources (TSX: AOT) to outperform Fiore in the months ahead. After our AOT suggestion on October 31, 2019, AOT over the following ten weeks became the #1 largest gaining gold stock with a market cap of CAD$200 million or above, reaching an initial short-term peak on January 6, 2020 of $0.98 per share for a gain of 92.16%. AOT initially gained 24.25X more than GDX, which only gained by 3.8% during this ten week period.
NIA's President sold his AOT shares a few days after it reached its January 6, 2020 short-term peak... believing it would underperform for a few months, which it has... but after hitting a new 16-month high on Tuesday of $0.99 per share, AOT is positioned to begin outperforming once again and we 100% expect it to reach $2 per share this summer.
We expect ELY and CLH to underperform moving forward. ELY's #1 most valuable asset is their 2% NSR royalty in Wallbridge Mining (TSX: WM)'s Fenelon project. When we first suggested ELY at $0.30 per share it was trading for 0.73X WM's share price and we calculated that ELY's fair value would be 1.20X WM's share price, which ELY initially reached on October 3, 2019. Most recently, ELY surpassed 1.20X WM's share price on May 25, 2020. ELY is currently trading for 1.81X WM's share price making it overvalued. CLH is still undervalued but we only see it reaching $1 per share this summer.
NIA's two latest confidence rating of 100 stock suggestions Benton Resources (TSXV: BEX) and Braveheart Resources (TSXV: BHT) both closed Tuesday at $0.11 per share up 100% from our initial suggestion price for each company of $0.055 per share. Both remain extremely undervalued at $0.11 per share. We consider BEX to be the next Ely Gold Royalties (TSXV: ELY) and BHT to be the next Fiore Gold (TSXV: F).
NIA's #1 favorite platinum/palladium exploration company Clean Air Metals (TSXV: AIR) closed Tuesday at $0.345 per share and we are 100% sure that AIR will reach new 52-week highs of above $0.47 per share in the very near future (possibly early in July after AIR's next drilling results announcement)! AIR's initial drilling results surpassed our highest expectations and if AIR was a gold exploration company it would have likely gained over 100% in a single day when you consider AIR's low enterprise value and the fact it intercepted 357.31 grammeters of palladium equivalent from a single drill hole, which is the same as intercepting 385.89 grammeters of gold!
With everybody searching for gold plays and not platinum/palladium plays, AIR remains completely undiscovered. The truth is, AIR is the only company in North America to have 1 oz of platinum for every 1 oz of palladium and that makes AIR a very low risk exploration play because the average price of both metals combined is much less volatile than platinum and palladium individually! Over the long term, the average price of platinum+palladium very closely follows the price of gold! AIR's next set of drilling results will be released any day now and we have a feeling they will be HUGE because AIR has just added a second drilling rig and will be DOUBLING the number of meters drilled during its current Phase 1 Escape Lake drilling campaign to 20,000m!
BEX owns 24,615,384 AIR shares and considering that AIR is a very liquid stock we consider BEX's AIR shares to be equivalent to cash. Currently, BEX's AIR shares are worth $8.482 million and BEX has actual cash of $2.688 million. This gives BEX total cash+cash equivalents of $11.17 million or $0.118 per share and means BEX is trading for less than cash+cash equivalents and is receiving no value for its extremely valuable AIR royalty!
BEX is the largest shareholder in Quadro Resources (TSXV: QRO), which just hit a new 52-week high last week of $0.27 per share! BEX also owns royalties in QRO's flagship Staghorn Gold Project! BEX is currently receiving no value for its QRO equity and royalties! BEX deserves to immediately rise to new 52-week highs! We expect BEX to reach $0.30-$0.40 per share this summer.
We will be sending out an extremely important BHT follow-up report later today! We will not be making any target prices for BHT. It is up to you to calculate what you believe BHT's huge indicated resource of copper, gold, and silver is worth along with its extensive infrastructure including 22,000m of tunnels and 750 tpd mill! Don't forget BHT's surface stockpile of run of mill ore totaling 165,000 tonnes grading 1.70% copper equivalent, enough to sustain BHT's mill for the first 7-8 months of operations but without any mining costs!
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. NIA has received compensation from BHT of USD$30,000 cash for a six-month marketing contract. NIA was compensated by ELY USD$30,000 cash for a six-month marketing contract, which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.