Wonderful Companies at Wonderful Prices
The gold exploration sector is the only sector in the world where you can buy wonderful companies at wonderful prices and the best two examples of that are Augusta Gold (TSX: G) and Gold Bull Resources (TSXV: GBRC). We have never seen a company go from trading below cash to becoming the top gaining stock of the year, which is why Earthlabs (TSXV: SPOT) won’t become a 10+ bagger this year, but SPOT is definitely worth taking a small position in because it will strongly outperform New Found Gold (TSXV: NFG). The SPOT/NFG ratio will soon return to 0.10.
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 194,200 shares of G in the open market and intends to buy more shares. 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.