Panic Selling Is Over, The Bounce Has Begun

The TSX Venture Composite Index is continuing to bounce from its Friday close of 911.53, which was almost exactly in line with our March 18th 910 bottom prediction (click here to see) based on historical closing prices. The TSX Venture Composite Index increased by 0.93% today to 938.98 and it looks like the panic selling is over.

NIA highlighted this morning that its valuation at $0.43 per share had returned to $35.95 per oz of gold resources (M+I+I), equal to 0.825% of the gold price — comparable to October 2008 at the lows of the global financial crisis! First Mining expects to receive environmental approval for Springpole in 2Q 2026, and will seek to develop Springpole into Canada's next major producing gold mine by forming a partnership with a major producing gold miner with construction/operational expertise!

NIA highlighted this morning that its valuation at $0.34 per share had returned to $51.26 per oz of gold resources (M+I+I), equal to 1.1762% of the gold price — comparable to October 2008 at the lows of the global financial crisis! Lahontan Gold successfully closed today on the second tranche of a $11,676,900.04 private placement priced at $0.41 per share — a 14.69% premium above today's close. There is a four-month holding period on these shares and the ½ warrants per 1 share issued have an exercise price of $0.60 per share. Management timed this perfectly! Six weeks ago, LG formally commissioned RESPEC + Kappes Cassiday to deliver a new NI 43-101 Mineral Resource Estimate (MRE) + updated PEA!

NIA highlighted this morning that its valuation at $0.13 per share had returned to $27.77 per oz of gold resources (M+I+I), equal to 0.6374% of the gold price — comparable to October 2008 at the lows of the global financial crisis! It doesn't look like NIA's President is going to have an opportunity to quadruple down on his position at $0.085 per share like he was hoping to do. Viva doesn't do much to make investors aware of the company, but that is the main reason we like it. On December 29th, Dundee Corporation purchased 5,240,956 shares of Viva at $0.16 per share. Dundee previously founded Kinross Gold and Viva's Tonopah Project in Nevada is near their Round Mountain Mine, one of Nevada's largest gold mines, but it is running out of ore!

NIA's latest brand-new stock suggestion with a current market cap of only US$45.72 million or $21.98 per oz of current gold resources: TIGR has just launched drilling at their Ceibal target, which doesn't yet have any gold resources, but looks extremely promising based on these historical drilling highlights:

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 FF of US$100,000 cash for a twelve-month marketing contract and previously received US$50,000 cash for a six-month marketing contract which has since expired. NIA has received compensation from LG of US$50,000 cash for a six-month marketing contract. NIA's President has purchased 200,000 shares of LG in the open market and intends to buy more shares. NIA's President has purchased 100,000 shares of VAU and can buy or sell shares at any time. NIA has received compensation from HSTR of US$30,000 cash for a three-month marketing contract and previously received US$30,000 cash for a three-month marketing contract which has since expired. NIA has received compensation from NAU of US$100,000 cash for a twelve-month marketing contract. NIA has received compensation from TIGR of US$120,000 cash for a twelve-month marketing contract. This message is for informational and educational purposes only and does not provide investment advice.