Today’s Stealth Bull Market in TSXV vs. Previous Bull Markets

The TSX Venture Composite Index has been in a stealth bull market for the last 19 months with a miniscule gain of 43.84%.

The previous four bull markets resulted in average gains of 220.37% in an average time period of 29 months.

Today's bull market is nothing like 2016 or 2020. We are experiencing something closer to 2002-2007, when the TSX Venture Composite Index gained by 280.03% in 55 months, but we are in the very early stages of it.

Augusta Gold (TSX: G)'s largest up months in history all happened to be down months for the price of gold. Augusta's gains will come from the EXIM Bank voting on and approving its loan allowing for Reward to launch construction immediately… resulting in a rerating to $5-$10 per share.

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. NIA’s President has purchased 232,200 shares of G and may purchase more shares. This message is meant for informational and educational purposes only and does not provide investment advice.