The #1 largest TSX Venture gold explorer Great Bear Resources (TSXV: GBR) was acquired today by Kinross Gold (KGC) for $1.8 billion.
With GBR acquired, Rupert Resources (TSXV: RUP) will become the #2 largest TSX Venture gold explorer with a current market cap of $922 million.
North Peak Resources (TSXV: NPR)'s Chief Geologist/Director Mike Sutton is also currently a Director of RUP and owns stock/options in RUP worth many millions of dollars.
He would not waste his time with NPR unless he knew NPR will soon become a $500M-$1B market cap company.
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 200,000 shares of NPR in the open market. This message is meant for informational and educational purposes only and does not provide investment advice.