The best example of a proxy play is all of these Bitcoin mining companies. Every single one of them loses money, but because they provide a way for stock market investors to gain exposure to Bitcoin, some of these companies are worth billions of dollars.
First Tellurium (CSE: FTEL) will be the proxy play for investors who want to capitalize on tellurium the #1 most important solar energy commodity!
FTEL won't generate massive profits in the upcoming years like Augusta Gold (TSX: G) and Morien Resources (TSXV: MOX), but that doesn't mean FTEL won't become a huge winner like these Bitcoin miners were during the Crypto boom.
Tellurium is the next Lithium!
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 FTEL of US$100,000 cash for a six-month marketing contract. NIA's President has purchased 174,200 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.