Gold and Silver are both rallying big this morning! Gold is up by $9.50 to $1,848 per oz! Silver is up by $0.285 to $24.275 per oz!
Yesterday morning, NIA announced Brixton Metals (TSXV: BBB) or BBBXF on the U.S. OTCQB as its new #1 favorite gold stock suggestion. Following NIA's announcement at 10:11AMEST when BBB was trading at its intraday low of $0.28 per share, BBB rallied to surpass its key breakout point of $0.305 per share and closed at $0.31 per share on strong volume of 1.775 million shares or more than 5X above its average daily volume. In fact, BBBXF traded even stronger volume of 2.222 million shares, which was its highest volume in history and more than 10X above its average daily volume.
Billionaire Eric Sprott is BBB's largest shareholder with 24,345,167 BBB shares for a 12.5% stake in the company.
Rob McEwen is also a large BBB shareholder. He was previously the founder and former Chairman and CEO of Goldcorp, which was acquired last year by Newmont Mining (NEM) for $10 billion.
The latest billionaire to invest into BBB is Robert Friedland who just purchased 8,510,638 BBB shares last month. Friedland was the founder and is the current Chairman of Ivanhoe Mines (TSX: IVN) a $7.19 billion market cap gold exploration company!
The silver miner Hecla Silver (HL) a $2.69 billion market cap company is also a large BBB shareholder.
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 been compensated by BBB USD$30,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.