GSP Resource (TSXV: GSPR) Gains 7.69% to New 52-Week High of $0.14!
NIA’s latest brand-new stock suggestion GSP Resource (TSXV: GSPR) gained by 7.69% today to a new 52-week high of $0.14 per share and has so far gained by 40% in only two days.
The current market cap is approximately US$5 million, and insiders own a large percentage of its outstanding shares!
GSPR’s VIS-SWIR hyperspectral data returned from across the Alwin Mine and Mer properties reveal important spatial patterns that provide strong evidence of potential porphyry copper mineralization vectors. Highlights of the recently completed hyperspectral studies:
- The Alwin Mine has yielded phengitic muscovite compositions and magnesium-rich chlorite consistent with a peripheral porphyry environment;
- Mer pargonitic muscovite and magnesium-iron chlorite compositions suggesting a higher temperature proximal porphyry environment;
- Presence of pervasive muscovite containing chalcopyrite and bornite, typical of the potassic core at Valley, suggests Alwin may represent the upper parts of a still deeper porphyry system.
- The presence of higher temperature proximal porphyry signature at Mer, which lies further from the Valley Deposit than Alwin further supports the potential of an undiscovered porphyry system at Alwin-Mer
Past performance is not an indicator of future returns. NIA is not an investment advisor. Always do your own research. NIA has received compensation from GSPR of US$60,000 cash for a six-month marketing contract. This message is for informational and educational purposes only.
