For this full week, the #1 largest gold position of NIA's President Gerard Adams Telson Mining (TSXV: TSN) gained by 17.02% to $0.55 per share where it is currently up by 52.78% from NIA's initial suggestion price of $0.36 per share. We expect TSN's 1Q 2021 results this month to show a large improvement over 4Q 2020. TSN's 1Q 2021 net revenue is likely to be in the range of US$11-$12 million for HUGE growth from 4Q 2020 net revenue of US$7.385 million. TSN's 100% owned Campo Morado mine in Mexico operated at a rate of 1,938 tpd in 1Q 2021 up 5.96% from 1,829 tpd in 4Q 2020. Currently, Campo Morado is operating at a rate of 2,100 tpd and its expansion of capacity to 3,000 tpd is 80% complete! TSN is now the 6th largest producer of zinc in Mexico. In 1Q 2021, TSN sold its zinc at a 15% higher price compared to 4Q 2020. On top of that, TSN in 1Q 2021 saw a large improvement in recoveries at the Campo Morado mine for all four of the metals it produces: gold, silver, zinc and lead! In fact, TSN's gold, silver, zinc, and lead grades all improved in 1Q 2021 as well! After reporting negative EBITDA for 4Q 2020, the Campo Morado mine is currently generating US$1.4 million per month in positive EBITDA! After TSN's brand new 100% owned Tahuehueto Mine comes online near year-end 2021 and ramps up to full production in 1Q 2022, TSN will shift from being primarily a base metals producer to being primarily a high grade producer of gold/silver! This is why TSN will be changing its name to Altaley Mining in the weeks ahead... with alta ley meaning high grade in Spanish!
For this full week, the #2 largest gold position of NIA's President Gerard Adams North Peak Resources (TSXV: NPR) gained by 15.62% to $0.74 per share where it is currently up by 23.33% from NIA's initial suggestion price of $0.60 per share. NPR's current market cap is CAD$14.8 million when NPR has CAD$7 million in cash for an enterprise value of only CAD$7.8 million. NPR is currently drilling in close proximity to where NPR's management team previously discovered Kirkland Lake Gold (KL)'s Macassa South Mine Complex. Their discovery caused KL's market cap to explode past US$1 billion and today KL is worth US$14 billion! More recently, NPR's management team created Rupert Resources (TSXV: RUP) which has gained by 2,170% since they founded the company! If they discover gold during their current drilling campaign, NPR could rise to $4-$8 per share literally overnight because there are only 20 million shares outstanding and they are widely distributed among many shareholders!
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 TSN of USD$100,000 cash for a one-year marketing contract. NIA's President purchased 1 million shares of TSN in its most recent private placement. NIA's President has purchased 200,000 shares of NPR in the open market. He intends to sell these shares in the future for a profit. This message is meant for informational and educational purposes only and does not provide investment advice.