On December 21, 2023, NIA announced that it liked Almadex Minerals (TSXV: DEX) at $0.215 per share as its #1 favorite prospect generator stock suggestion explaining that it was trading below cash and owned its own drills allowing for low-cost drilling and the ability to generate revenue doing drilling contracting work for other companies. DEX also owns a large portfolio of royalties and is suing Mexico through its sister company for $1 billion.
Rick Rule recently announced 22 mineral exploration/natural resource stocks that he owns, and DEX is one of his top picks.
Previously, Rick Rule suggested Orogen Royalties (TSXV: OGN) a company that NIA had already suggested at $0.70 per share due to its 1% NSR royalty in AngloGold Ashanti (AU)'s Expanded Silicon Gold Project in the Beatty Gold District directly adjacent to Augusta Gold (TSX: G)'s fully permitted Reward and past producing Bullfrog Gold Projects.
OGN closed today at $1.54 per share for a gain of 120% since NIA's suggestion.
DEX closed today at $0.25 per share for a gain of 16.28% since NIA's suggestion.
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's President has purchased 224,200 shares of G and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
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