NIA's #6 ranked overall pick EarthLabs (TSXV: SPOT) reported 2022 year-end results after today's close of trading.
SPOT as of December 31st had $25,346,049 cash in the bank for an increase of 759% from $2,951,461 as of September 30th!
SPOT as of December 31st had $52,546,191 cash in the bank+cash due from brokers+investments in gold stocks for an increase of 47% from $35,766,413 as of September 30th!
Internet financial portals like Yahoo Finance include investments in stocks as part of a company's cash position but not cash due from brokers.
Currently, these web sites show SPOT as having $0.25 per share in cash.
After they update in a few days they will show SPOT as having $0.36 per share in cash.
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 30,500 shares of SPOT 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.