DEX Owns 2% NSR Royalty in Skoonka Creek
Almadex Minerals (TSXV: DEX) owns a 2% NSR royalty in Skoonka Creek the second most valuable property of Westhaven Gold (TSXV: WHN).
DEX is receiving no value for its 2% NSR royalty in Skoonka Creek.
DEX has approximately $0.28 per share in cash, approximately $0.02 per share in securities, and a gold loan receivable worth approximately $0.08 per share.
DEX must rise from $0.215 per share up to $0.38 per share before it receives any value for its 2% NSR royalty in Skoonka Creek!
DEX is a 100% guaranteed sure thing to rise by 50%-100% over the next six months although it won’t gain by 500%-1,000% like Augusta Gold (TSX: G).
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. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA’s President has purchased 224,200 shares of G in the open market and intends to buy more shares. NIA has received compensation from WHN of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.