Vizsla Silver Smart to Diversify into Pacifica Silver

Yesterday morning, NIA announced Pacifica Silver Corp. (CSE: PSIL) as its latest brand-new stock suggestion.

Never in our careers have we seen a brand-new junior silver explorer receive such strong backing at such an early stage with investments from Vizsla Silver (VZLA), First Majestic Silver (AG), Silvercorp Metals (SVM), and billionaire Eric Sprott.

Obviously, we have been following the tragic situation taking place with Vizsla Silver (VZLA). It's heartbreaking to hear about the 10 kidnapped miners with 5 confirmed dead, but that is always a risk when investing into a silver stock in Sinaloa. A company like GR Silver Mining (TSXV: GRSL) is also in Sinaloa and very high risk. The biggest violence today is in Guanajuato, so we would definitely avoid Guanajuato Silver (TSXV: GSVR) as well.

VZLA management is doing the right thing by diversifying into Pacifica Silver Corp. (CSE: PSIL).

PSIL's Claudia Project was owned by the same Mexican family that held Vizsla Silver (VZLA)'s Panuco project, but while Panuco is in a cartel warzone… PSIL's Claudia Project is in Durango, which is generally considered one of Mexico’s most peaceful regions!

PSIL's CEO previously managed seven mines across multiple Mexican states at First Majestic Silver (AG). After reviewing ~70 projects, Claudia brought him out of retirement because of its 30 km of mapped vein extent at surface!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. NIA has received compensation from PSIL of US$100,000 cash for a twelve-month marketing contract.