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ETM Soars Again, DTR Bubble Bursting
NIA’s #1 favorite REE stock suggestion Energy Transition Minerals (ASX: ETM) gained another 2.99% last night to $0.069 per share. ETM is already up by 32.69% since we announced two weeks ago that NIA’s President was adding significantly to his position at $0.052 per share.
Earlier this month, NIA sent out multiple alerts about how Dateline Resources (ASX: DTR) had gained by 8,000% over the previous twelve months to $0.405 per share and had a market cap of US$1.05 billion vs. its fair value of US$193.805 million, receiving US$856.195 million in additional value for being located in close proximity to MP Materials (MP)’s Mountain Pass REE Mine, the largest producing U.S. REE mine. NIA warned that DTR was extremely overvalued and said to focus your time on researching companies that have made real discoveries like NevGold (TSXV: NAU) and Saga Metals (TSXV: SAGA), and to focus your time on researching the world’s best small-cap AI company Trio-Tech International (TRT).
We did not know at the time that Saga Metals (TSXV: SAGA) was about to announce that it is acquiring, with the best possible deal terms, a Heavy REE Project that is far superior to what DTR investors could only dream of discovering in a best-case scenario. So far, SAGA is receiving no value for its newly announced acquisition (the best we have seen any company announce this year).
Since NIA’s warnings about DTR, it has declined by 18.52% to a current price of $0.33 per share and remains extremely overvalued.
Past performance is not an indicator of future returns. NIA is not an investment advisor. Always do your own research. NIA’s President has purchased 2,200,000 shares of ETM and can buy or sell shares at any time. NIA has received compensation from NAU of US$100,000 cash for a twelve-month marketing contract. NIA has received compensation from SAGA of US$100,000 cash for a twelve-month marketing contract. This message is for informational and educational purposes only.