Is Viva Gold (TSXV: VAU) the Best US$18.2M Market Cap Company in History?

Is Viva Gold (TSXV: VAU) the best US$18.2 million market cap company to ever exist in world history?

We would argue yes but Trio-Tech International (TRT) at its current price of $7.21 per share at a market cap of US$31.138 million is the best overall investment we have ever seen in our careers.

TRT has $19.5 million in cash+deposits and their "Customer A" AMD gained by 7.63% today to a new all-time high of $252.92 per share.

On June 17th, six weeks before our suggestion of Viva Gold (TSXV: VAU) the stock was $0.20 per share.

GDX and GDXJ are both up by 36% since June 17th so in an absolute worst-case scenario… Viva will hit $0.27 per share in the weeks ahead.

The question is… will VAU and TRT gain as much as the highest quality high-grade gold stocks: Total Metals (TSXV: TT) which is likely to close on its acquisition of High Lake and West Hawk Lake next week and North Peak Resources (TSXV: NPR) the #1 highest quality high-grade gold play in all of Nevada?

Both TT and NPR are early-stage companies they are the ones making acquisitions, so they won't get acquired at a triple digit premium like Viva Gold (TSXV: VAU) most likely will unless they can prove themselves first.

So, they have higher risk but instead of triple digit gains you have potential for quadruple digit gains if drilling goes well.

NPR has potential to discover high-grade gold across four separate targets on its property before year-end. NPR doesn't need to get bought out it just needs some of these drill holes to intercept high-grade gold at the Prospect Mountain Mine Complex directly adjacent to the north of McEwen Inc (MUX)'s Windfall deposit.

Two days ago, McEwen reported its latest drilling results from Windfall:

"New Key Results From Windfall Drilling

• Drill hole WF039 intersected new near-surface oxide mineralization (Figures 2 & 3):
  • 2.43 gpt gold over 74.7 meters, including
  • 12.79 gpt gold over 7.6 meters
• Other strong near-surface oxide results include (Figure 2):
  • 4.57 gpt gold over 12.2 meters (drill hole WF042)
  • 1.70 gpt gold over 64.0 meters (drill hole WF037)
  • 1.01 gpt gold over 89.9 meters (drill hole WF045)
  • 0.77 gpt gold over 36.6 meters (drill hole WF044)"

Imagine if North Peak Resources (TSXV: NPR) makes similar discoveries directly north of MUX.

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 100,000 shares of VAU and may buy more shares or sell his shares at any time. NIA has received compensation from TT of US$100,000 cash for a twelve-month marketing contract. NIA’s President has purchased 60,000 shares of NPR in the open market and intends to buy more. NIA has received compensation from NPR of US$50,000 cash for a six-month marketing contract and previously received US$50,000 for a prior term. This message is meant for informational and educational purposes only.