{"id":6681,"date":"2026-01-30T11:03:00","date_gmt":"2026-01-30T16:03:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=6681"},"modified":"2026-01-30T11:12:59","modified_gmt":"2026-01-30T16:12:59","slug":"earthlabs-spot-might-be-the-best-gold-signal-right-now","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/earthlabs-spot-might-be-the-best-gold-signal-right-now\/","title":{"rendered":"SPOT at $0.48 Might Be the Best Gold Signal Right Now"},"content":{"rendered":"\n
\n

\n \n EarthLabs (TSXV: SPOT)<\/strong> briefly traded as high as $0.68 per share<\/strong> a few days ago, but importantly\n failed to reach $0.80<\/strong> and has since pulled back to approximately $0.48 per share<\/strong>.\n That pullback is actually constructive… and telling… because it strongly suggests we are not near a peak in the gold bull cycle<\/strong>.\n <\/span>\n <\/p>\n\n

\n \n Why does this matter?<\/strong>\n <\/span>\n <\/p>\n\n

\n \n When speculative capital begins flowing into secondary, non-obvious gold plays like SPOT, it typically signals that investors are starting to\n “run out of ideas<\/strong>,” which almost always precedes a short-term correction<\/strong>.\n We got that correction. However, if this gold cycle were truly peaking, SPOT would have surged through\n $0.80 per share<\/strong>, not stalled below it. The failure to do so indicates the market simply needed to cool off… not that the cycle is over.\n <\/span>\n <\/p>\n\n

\n \n At the current price of ~$0.48 per share<\/strong>, SPOT is effectively trading at… or below… the value of its cash and marketable securities<\/strong>,\n based on its September 30, 2025<\/strong> balance sheet. Since that date, many of SPOT’s equity holdings have risen materially<\/strong>,\n meaning the company is likely trading below the value of cash plus securities alone<\/strong>.\n When that happens, history shows we are still in the early stages<\/strong> of a bull market… not anywhere close to a top.\n <\/span>\n <\/p>\n\n

\n \n Now consider valuation context.\n <\/span>\n <\/p>\n\n

\n \n Apeiron Investment Group<\/strong>… backed by billionaires Christian Angermayer<\/strong> and Peter Thiel<\/strong>… demonstrated the value of premium\n financial media when Bullish (BLSH)<\/strong> acquired CoinDesk for $75 million<\/strong>.\n This matters because SPOT owns what is effectively the CoinDesk of the mining industry<\/strong>:\n Mining.com<\/strong>, CEO.ca<\/strong>, and The Northern Miner<\/strong>.\n <\/span>\n <\/p>\n\n

\n \n Despite the strategic importance and influence of these platforms, SPOT is currently being assigned\n less than zero value<\/strong> for them by the market.\n <\/span>\n <\/p>\n\n

\n \n That disconnect becomes even more striking when you factor in SPOT’s 0.20% NSR royalty<\/strong> on\n New Found Gold’s (TSXV: NFG) Queensway Project<\/strong>. With NFG’s market capitalization around\n $1.37 billion<\/strong>, SPOT’s royalty alone is conservatively worth at least $27.4 million<\/strong>.\n <\/span>\n <\/p>\n\n

\n \n Put it together:<\/strong>\n <\/span>\n <\/p>\n\n