Eric Sprott’s $40M Bet Is Paying Off Already
Highlander Silver (TSX: HSLV) gained by 4.02% today to $7.76 per share vs. Hycroft Mining (HYMC) declining by 6.56% to $39.31 per share.
This is no surprise to NIA members! On Friday morning, NIA explained the following, “Eric Sprott is no longer investing more money into HYMC at these insanely overvalued share prices! Instead, Eric Sprott is investing into NIA’s #1 favorite silver stock Highlander Silver (TSX: HSLV). Sprott invested $40 million into HSLV this week at $6.80 per share and HSLV is about to acquire the world’s second largest undeveloped silver resource Corani through its acquisition of Bear Creek Mining! Highlander Silver (TSX: HSLV) is building real long-term value and will strongly outperform nearly all gold/silver stocks in the years ahead!”
If we in our careers can accomplish 1/10th of Eric Sprott’s success, we will be extremely happy. With that said, Eric Sprott is extremely smart to be listening to NIA! On the morning of September 16th, NIA sent out an alert saying, “We honestly don’t know what Eric Sprott is thinking investing more into New Found Gold (TSXV: NFG). He should be buying more Highlander Silver (TSX: HSLV).”
By Eric Sprott investing big into Highlander Silver (TSX: HSLV), it will actually benefit New Found Gold (TSXV: NFG) in a big way. Eric Sprott will make such massive profits on HSLV he can continue to subsidize NFG forever!
Back on March 4th, 2023, NIA sent out an alert saying, “Earthlabs (TSXV: 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.” Since then, the SPOT/NFG ratio has increased from 0.045 up to 0.115! NIA is always right!
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 125,000 shares of HSLV and can buy or sell shares at any time. 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.