QH Led Novo to $1 Billion Market Cap in 2017

While most gold stocks peaked in 2011 and experienced large declines in the following years, Quinton Hennigh-backed Novo Resources went from its 2011 IPO price of $0.40 per share to a 2017 all-time high of $8.83 per share, for a gain of 2,107.50%. They were literally pulling gold nuggets out of the ground at the 2017 Denver Gold Forum.

Many people bought near the high, when its market cap reached $1 billion, and they ultimately lost money. Today, those same people may find themselves owning a company like HydroGraph Clean Power (CSE: HG) and making the same mistake all over again.

The key is being early and researching companies at a low market cap… not piling in when the hype is at its peak, like HG investors did a few months ago.

QH’s new company is Westward Gold (CSE: WG), and drilling is taking place right now. Look how close they are to Fourmile:

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 has received compensation from WG of US$60,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.