THIS IS NOT YOUR REGULAR SILVER RALLY

A Paradigm Shifter For Silver……

There is now a big appetite for junior silver stocks—which is absolutely perfect. Why? Because I’ve spent three decades getting to know every good junior mining team on the planet.

It just so happens that I know just the silver junior for this moment in time. 

You dear reader know this team too——and you love them, because we have made some major money with this group multiple times.  I am convinced that with this silver market we are about to again.

Silver is already hotter than gold now. There couldn’t be a better time to bring a well-structured silver company to trade—especially if it’s by a team that knows how to use their stock as currency to do M&A.

That is what this team, one of the Top Mining Teams—is now doing—with an amazing land package in Zacatecas Mexico, one of the most prolific silver districts in the world. 

The location of the asset is right in the middle of the country. There are many historical showings, it is a former producer, and there’s a mill nearby.

But most importantly—silver market has gone crazy…and this company raised its cash last fall as a private company.  So the stock price is going to have some serious catch up to do here!
 

You Could Launch Five Separate Juniors
With These Assets

Sometimes these deals seem to come fast and furious.  The truth is that they all take a lot of work and patience to get to this point.

This team has spent a long time looking at silver assets.  In fact, when they were doing so it was with their contrarian instincts—because silver was very much out of favor at the time.  You can see in the long-term price chart that silver has been dead for five years before now surging back to life in 2020.

 

Geologically, there are dozens of known silver veins on the property.  A mining team that’s used to creating BIG valuations in their pubco’s controls the asset.  And this is all happening when a major breakout bull-run in silver has never held more potential   This is the stuff I dream of at night!

The people involved, the management group is Grade A.  They are known to us and known to the market.

They are as credible and successful as you can get.  We already love them because they have made us tons of money. 

Institutions love them too—because one of their two big winners in the last 24 months went from 50 cents – $8/share and became one of the most profitable mines on earth, and the other went from 40 cents – $5 in five months.

The shareholder register speaks volumes about the quality of the deal.  The smartest, most influential in the business are in love with this one.

The timing…….I’ll admit is 100% luck.  These guys just happened to bring this silver deal public at perhaps the most bullish moment in the history of silver demand. That wasn’t planned.  But the way it happened–that they purchased these silver assets months and months ago when the rest of the world was paying no attention at all to silver–has set us up very well.

Tomorrow—you get all of the details you need.   I’m thrilled to be able to bring a silver deal of this quality to you.  Especially right now with the silver sector booming…


 
Keith Schaefer

Never waste a good crisis. And for the airlines, COVID has been a crisis. 

But for Miami-based GlobalX (JET-TSXv)—a new airline hoping to launch within weeks—it has been a blue sky opportunity.

You see, now the small airlines are able to get veteran, high quality pilots, IT personnel, stewards and other staff that pre-COVID would have been near impossible. And with global industry hurting, renting planes is less than half the cost of what it was pre-COVID.

In fact, CEO Ed Wegel and CFO Ryan Goepel are set to take off—pending final FAA certification—on raising just $7 million.

So they are quite excited. And by the look of their stock chart, so are their investors.

Here’s what I call The Quick Facts:

QUICK FACTS

Trading Symbols:                             JET-TSX/JETMF-USA

Share Price Today:                           C$2.15

Shares Outstanding:                       35.7 Million (44.9 Million FD)

Basic Market Capitalization:         C$76.8 Million

Net Debt:                                         (C$0) Million

Enterprise Value:                           $76.8 Million

The next big catalyst for GlobalX is their FAA (Federal Aviation Administration) certification in the USA—the final step of five that any new airline has to go through.

In a recent interview, Goepel said certification is on track with pilots and FAs in training. GlobalX has scheduled the remaining tasks with the FAA, subject to COVID restrictions.

Global X will operate under ACMI agreements (aircraft, crew, maintenance and insurance)—which is almost just like you as a regular person would rent a car. If you hired a driver with your rent a car, that would be ACMI.

So think of GlobalX as a wholesale charter company. They hustle out to all the big airlines now—in this unique time when the industry is obviously at record low utilization—and secure planes really cheap, and lock those rates in for as long as they can.

And we are not talking ANY planes—we are talking YOUNG planes. These are planes that can fly more hours per month and have a lot lower maintenance costs—than what normal charter airlines could ever get in a busy aviation market.

“When you look at capital outlay, instead of putting out $2,000,000 (i.e. pre-COVID), we’re able to put out $400,000 effectively now, get the exact same asset,” Goepel told me. He estimates their cost is 30-40% lower than any competitor—especially the other airlines that have big debt.

Their plan is to book 10-20 planes ASAP, with as long a contract as they can get at these cheap rates. If they can achieve 150 hours per month per plane at $1,000 operating profit per flight hour, their business becomes very easy for the Street to model. (That helps to get a better multiple of cash flow on valuation)

Not only do they have to hustle their supply, they have to hustle their customers. That would be the regular charter business (think sun-worshippers at peak times like Xmas & Easter, and summer vacation; peak travel times). But it would also be groups like

1. pro sports teams and other group travel customers
2. Major Hotel/Casino groups
3. National airlines for small countries (think South America)
4. Cargo

All of a sudden these customer groups can take advantage of higher quality staff on relatively new planes in a company with a much lower cost structure (no legacy assets and no debt).

So what happens is—the above 4 customer groups do the marketing to fill the seats on the plane, and then GlobalX flies them. That guarantees every flight will be profitable for JET-TSXv. If it’s not, the charter gets cancelled. There is no large itinerary of set flights that fly no matter what.

Example–they just announced a deal to fly between Venezuela and Miami for Estelar. Estelar pays GlobalX–in advance–a fee per flight and Estelar takes all the risk on whether that flight is full and profitable or not.

Ed Wegel is Chairman, CEO and Founder of Global X. He’s a seasoned airline executive who started in the industry in the 1980’s – first as an investment banker for Lehman Brothers in NY in 1987—where he worked on airline restructurings and commercial leases. 

Subsequently he was a senior executive and/or Board Member for several private and public airlines from 1991 to the present. Ed has seen almost every iteration of the industry, every business model and every up and down.

Global X announced a business combination with Canada Jetlines Ltd. to take the company public on December 13, 2019, well before the North American onset of COVID-19.

Although the deal didn’t close until June 23, 2020, its timing put Global X in a unique position to plan for a recovery.

Wegel, Goepel and the team expect to fly 10 planes in 2022. At 150 hours per month, they believe each plane will generate US$1.8MM EBITDA per year and the 10 plane fleet would generate US$18MM of EBITDA. After ~US$4MM of overhead, profit would be US$14MM which scales up to US$32MM as the monthly hours increase to the long-term goal of 300 hours per month.

Global X plans to operate in the charter and cargo subsectors of the industry. Direct comps are limited so we present historical EV/EBITDA multiples for Canadian airlines (AC-CA, EIF-CA), Couriers & Logistics (UPS-US, FDX-US, DWP-DE) and Air Cargo Transport (AAWW-US, ATSG-US, CJT-CA).

Historic EV/EBITDA multiples range from ~4x to 14x and average ~9x for all of the listed companies.

Using the company’s 10 plane estimates and from above and a range EV/EBITDA multiples from 5x to 10x, simple math gets an EV ranging from C$116MM to C$231MM for the 150 flight hours per month case versus the current basic EV of ~C$70MM. Obviously, utilization and fleet size will increase the EBITDA estimates.

Just as a couple final notes:

1. With respect to cargo operations, management believes that its A321 strategy provides an invaluable solution to an impending problem. The current freighter market is dominated by the Boeing 767, 757 and 737 freighters. There are currently 313 757f in service with the two largest operators being FedEx (107 planes with and an average age of 28.7 years) and UPS (75 planes with an average age of 27.1 years). These planes are reaching end of life with limited options for replacement.

Management believes that the market will shift to 737-800 or A321 aircrafts simply due to logistics (cargo capacity and operating economics) and believes that its A321 cargo aircraft will be an extremely attractive option.

1. If all goes well this year, Global X also plans to spin out Canada Jetlines Vacations brand into a separate Canadian listed company. Global X shareholders will get a proportionate interest in Canada Jetlines.

This all sounds very rosy doesn’t it? Except they can’t fly yet. But they have certainly got a strong plan, and have done a lot with just $7 million in capital.

DISCLOSURE–I am long GlobalX

One Sassy Company, Two Hot Plays

Two of the biggest, most successful gold plays in the world this year have been Eskay Creek in Northwest B.C. and the Central Newfoundland Gold Belt (CNGB).

And the only company with great land positions in both of them now is Sassy Resources (SASY-CSE / SSYRF-OTCQB). They just optioned a large, strategic land position (156 km2) in the play including a key claim block (Gander North) right beside (like, I mean adjoining) the Jonathan’s Pond discovery by Exploits Discovery (NFLD-CSE). Logistics are easy and cheap – Gander North has a paved road going right through it plus power, with upcoming drilling right off the main road. 

Significantly, Jonathan’s Pond has Newfoundland’s highest-grade anomalies in glacial till at surface – 410,000 ppb or 410 g/t Au – and these anomalies trend onto Sassy’s Gander North, one of eight claim blocks they’ve optioned for a 100% interest. You couldn’t ask for a much better starting point than that. Keep in mind, seasoned Newfoundland prospectors consider 5 to 25 ppb Au till anomalies as very prospective for high-grade gold mineralization like New Found Gold’s (NFG-TSXV) discovery intercept (19 meters @ 92.9 g/t Au) at the Keats Zone 15 km southwest of Gander North. 

Sassy CEO Mark Scott has structured this deal to give shareholders maximum leverage. All the Newfoundland properties are going into a wholly- owned subsidiary called (conveniently) Gander Gold Corporation, because he knows he should have a GREAT problem on his hands within the next two years.

That is, if one of these high potential assets – either his Foremore Property in the Eskay Camp or any of the Newfoundland claim blocks – are able to get to a maiden resource calculation, or there’s a big discovery, the spin-out options are compelling. ALL the value in a stock comes from its lead asset – even if the other ones are “pretty good” – but Sassy has just doubled its chances, plus it’s getting the drill bit turning in Newfoundland ahead of summer activity in Northwest B.C. 

The Eskay Camp play had a big comeback in the last year as Skeena Resources became a 10 bagger, and Eskay Mining also had a HUGE run (I’m so happy for CEO Mac Balkam!). They were able to build on years – no, decades – of previous drilling & geological work.

Sassy’s grassroots Westmore gold-silver discovery in the southwest part of its Foremore Property is a large virgin piece of ground that had its initial drill program last fall. Results showed there is a big mineralized system there, and CEO Scott will be drilling it like Swiss cheese this summer.

It’s a “sassy” move into Newfoundland, though. The leader there is New Found Gold which exploded into its IPO last year with over a $100 million market cap on just one drill hole — but what a drill hole it was! They hit 19 meters of 93 g/t Au. That’s 3 OUNCES per ton. Then, just this week, they announced another hole of 24.8 g/t Au over 13.8 meters and 25 g/t over 10.3 meters. 

And just as important as those great results are, NFG said they intend to list on the NYSE American exchange during the first half of this year. That will bring a HUGE investor base attention to this play. 

I expect the CNGB to be The Big Gold Play in Canada in 2021. Many tens of millions of dollars will be spent here by a few dozen companies. Gander will probably turn into Stewart, B.C., or Red Lake, Ontario, where hotel rooms are impossible to get and residents will rent out their garage and a space heater for $300 a night. 

Sassy has the leverage – there’s only 38 million shares out (market cap = $23 million). Exploits has 60 million out. Labrador Gold (LAB-TSXV) has 110 million out while New Found Gold has 148 million shares outstanding. 

Look, gold exploration is high risk. But not only can Sassy raise millions of dollars and still have a tight share count, they have Westmore and the broader Foremore Property (again, the only company with a major presence in both the Eskay Camp and Newfoundland). 

In a perfect world, Sassy investors will get a spin-out company in 24 months with an incredibly sexy gold asset in Newfoundland.

Don’t forget Mark Scott’s background – he was head of Vale’s operations in Thompson, Manitoba. He has successfully managed large operations. He’s a do-er. Now he has two programs to run this summer, with a veteran team of geologists and strong financial backing. 

I just think at an Enterprise Value of just $20 million in this market – with gold still doing very well at $1,850/oz – the upside potential here is remarkable with one good drill hole. They’re in elephant country, and both New Found Gold and Jonathan’s Pond are already elephants. 

The team, the assets and now the valuation is here to make this a big winner for investors. Sassy’s Gander Gold has drill-ready targets. I think it’s one of the best drill plays I see in 2021.  

DISCLOSURE–Sassy Resources has been a paying client of the Oil and Gas Corporate Bulletin in the past 12 months.

 
 
Leviathan Gold Ltd (LVX-TSXv) is the junior gold miner that has EVERY SINGLE ATTRIBUTE that took Fosterville South from 40 cents to $5 in the first six months of 2020.

That is why I think Leviathan Gold is ready to be my early candidate for Stock of The Year in 2021.  

Just like Fosterville South, Leviathan Gold:

1. Is in the same geologic basin as the Fosterville Mine (125 km away)
2. Has a large enough staked area to host a mine
3. Was staked by Rex Motton the same geologist at the same time
4. Has the same high grade historical workings scattered all over the property
5. Has Bryan Slusarchuk, James Hutton and Motton as large shareholders.

Where Leviathan could actually be in a better spot than Fosterville South at its IPO is…is that it’s starting out fully funded ($12 M cash), has institutional ownership, the Market knows the regional story and most importantly—a large drill campaign is starting immediately.  News flow will be fast, and steady right out of the gate.

And folks, today is DAY ONE of trading.  Nobody gets to buy before you do. 

Leviathan’s two main assets are LITERALLY COVERED with historic high-grade gold discoveries right at surface.  Just look at how the gold dots—each one a high grade gold showing, or a historical working—blanket the entire properties in the map below.  The hardest part has been narrowing down exactly where to get started.
 

Talk about your first world problems!!

There has been no modern work done on these properties.  NONE.  That makes most geologists absolutely giddy.

All of these historic high-grade discoveries were made between 1862 and 1908…..then forgotten for two generations.

The high-grade gold that was discovered all across this project in the 1800s was done by men with no geological expertise, no equipment, no ability or inclination to figure out how much gold is really here.  They just followed their nose along super high-grade (and obvious) veins.

Those miners had no idea how much gold there may have been a bit deeper.  But to be fair to them, at this point in time doctors treated toothaches with cocaine and mental illness with bloodletting!!  It was that long ago…..

I’ve been involved with junior gold mining since 1990 and I’ve never seen a junior miner with this much historical, high grade gold near surface in a First World country—in flat topography, surrounded by farmers.

Logistics & supply chain here is easy.

The few times I’ve seen a project that looks this good it is either in the middle of a remote jungle, on top of a mountain or in a place that I wouldn’t go without an entire army to protect me. 

Instead Leviathan has this in a part of Australia where the geology and location make it the lowest cost, easiest mining imaginable.

They still have to find more gold to make this a success……but wow, what a setup.

 

Connect Those Yellow Dots…
 

 
Almost 1.5 million ounces of gold has already been produced from Leviathan’s land package.  This was all done by old techniques—very, very shallow and with no systematic exploration.  It was just old-time prospectors picking away at the gold at surface and trying to live another day. 

For CEO Luke Norman—who Slusarchuk and Hutton hand-picked—his job is simple: follow the many high-grade historic discoveries (all those yellow dots in the map above) underground to find out how much gold is truly there–not  to mention the potential for additional gold occurrences that may lie shallow under cover.

Past mining here was focused purely on gold outcrops. There is clearly lots of potential for multiple large, high-grade gold systems.

Leviathan’s two assets­­–– Avoca and Timor—total 250 square kilometers.  All of those gold dots with historic discoveries are an invaluable roadmap for the geologists. They basically tell you where to start drilling. 

Those gold dots represent REAL GOLD —— so no guesswork required.  None of the gold dots were properly developed.  At each location the 1800s miners went down to about 30 meters; the odd time 100 meters. 

Then they stopped.

And nobody picked up from there for a couple of reasons:

1 – The First World War arrived and all young, able Australian men went to war
2 – The region flooded in with water…..

Soon a couple of decades had passed and there wasn’t anyone left who had worked these properties.

The entire region was forgotten.  Exploration in Australia went west to Perth and then northeast to Queensland.  Western Australia is so blessed with abundant minerals that nobody cared about this region until….

Kirkland Lake hit the motherlode with the Fosterville Mine more than 100 years later…in 2017/2018.  That would be just AFTER geologist Rex Motton had already staked out all of the land, 1,500 kilometers in total all around Kirkland Lake.

When Kirkland hit, those 1,500 kilometers suddenly became some of the most coveted properties on the planet. 

Fosterville South was the first big win from Motton’s timely work.  Leviathan which was spun-out from Fosterville South looks to be next.

 

Taking All These Historic
Gold Discoveries Deep Underground
 

 
Timor’s historic data is below.   There is 67,000 ounces of historic production at an average grade of 11.4 g/t. Both the depths of the historic drilling and the high grades discovered create reason for excitement.

Look at how shallow the work at all of those discoveries was.  It is very clear that the old prospectors were just scratching the surface. With the grade of gold they found it is tantalizing to think of what Leviathan may learn by finally properly drilling this in the coming months.
 

Most of the work ceased before 1900.  Now Leviathan is going to take these discoveries up to a full kilometer underground……exploring exponentially more of what the property has to offer. 

The big hope obviously is that all of that high grade continues down, down, down.  The drilling that starts in February will start to fill us in.

Avoca is just like Timor.  It has abundant high grade gold at surface, with incredible exploration potential not yet taken to depth.  750,000 grams of historic production at an average grade of 32 g/t –– YES THAT IS THE AVERAGE GRADE…..one ounce per ton!!!!

You don’t have to be a geologist to understand the graphic from Avoca below.  Look at all those historic workings and openings. These weren’t even held at the time by different people.

They were all little, postage stamp sized claims with stunningly high grades……just look at those numbers. 75 grams a ton, 57 grams a ton, 69 grams a ton, 55.3 grams.  Come on!   How can this project still be sitting here not properly explored….
 

If you just simply line up the underground openings, you can see that they continue to depths and some of them line up with diorite dykes that appears to be a control on the mineralization.

This initial drilling at Leviathan isn’t about drilling trying to find something huge.  It is already sitting right there in front them.  The drilling now is about putting some numbers together (delineating) to see how big and consistent this high grade mineralization is.  Could it support a resource calculation or–way down the road–a full-fledged mine plan?  That’s what drilling will tell us.  There are no guarantees!

But with $12 million in the bank and the lowest cost operating jurisdiction imaginable they have the money to get after it really hard and really fast.  More drill holes get done here per dollar spent than anywhere.

So I do expect the exploration cycle here to be much faster here than normal.  They’re not going to have to interrupt drilling for a financing.

The drills turn in February.  Starting in April or May, it’s just going to be press release after press release after press release.  Will they show more of that same type of high grade gold we see in all those historical showings?  I hope so.  But nobody knows.

The only thing I know for sure is that I have never seen a better set up for exploration success than Leviathan Gold–LVX-TSXv.

I AM VERY LONG LEVIATHAN GOLD AT THE IPO PRICE OF 50 CENTS
 

Leviathan Gold management has reviewed and sponsored this article. The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter.

Keith Schaefer is not registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. He is also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.

K92 Mining and Fosterville South Were 10-Baggers

FOSTERVILLE SOUTH 2.0 LISTS TOMORROW–

YOU GET IT DAY ONE!!!

The single most successful team in junior mining in the last two years has a brand new exploration company that will trade TOMORROW.  That’s right–I’m giving it to you on DAY ONE.

Their last two stocks were both 10-baggers for me and my subscribers.  So you can bet this team has my attention, and I begged them to let me tell you about it in the first few days of trading so EVERYBODY could benefit.

Today is the background.  Tomorrow is the symbol.

In the summer of 2019 my portfolio was enjoying a huge run in Bryan Slusarchuk’s  K92 Mining (KNT-TSX) when I got a call from the man who introduced me to Bryan many years ago.

“You better call Bryan.  He’s got something special and you’re going to want to know about it.”

As K92 was fast becoming my Stock of the Year in 2019, I got right on that.  That took a couple days, as Bryan was becoming a man-in-demand.  His K92 was growing into one of the largest, highest grade orebodies discovered in recent times.  In the two years the stock has gone from $0.50 – $9.00  Every banker and analyst on the Street wants his attention now.

That call turned into Fosterville South – FSX-TSXv,  which turned into my Stock of the Year in 2020. Bryan went through how he was teaming up with Chairman James Hutton—whom I knew well as a long-time subscriber of mine.  Hutton had developed a tight relationship with an Aussie geologist by the name of Rex Motton who had accumulated a large gold play in southern Australia—with some eye-popping grades.

Prior to the Fosterville IPO, I interviewed Bryan, Hutton and Motton and came to understand…well, everything that we all know now:

1. 1-2 oz (30-60 g/t) gold at or near surface
2. Lots of historical production
3. But no modern work done on the properties
4. In the middle of farmland and forest, making logistics very cheap
5. Kirkland Lake’s Fosterville Mine, right nearby, was the single most profitable gold mine in the world at the time

Members of my Premium Service and I participated in the 40 cent IPO financing.  The stock opened at 90 cents, traded there for 3 days and ran to $5 in under four months—on HUGE VOLUME.

That meant that I had nearly a 13 BAGGER in the books for 2020 before 6 months of the year were over.

Now, I can’t tell you their next play—also in Australia—will do the same thing. But I can tell you the geology is VERY similar.  You get the name and trading symbol tomorrow–the day it lists.  This has a shot at being The Stock of the Year for 2021–for you too.

Because of the historical gold numbers and “closology” to Fosterville, we all knew FSX would be something special. The market gave us that feedback as well—there was incredible institutional interest out of the gate—from around the world!!!  Crazy….for an exploration stock, this was unlike anything we had ever seen.

When I say we, I really mean management.  I’m pretty close to this group so they shared the market euphoria in those pre-IPO days.

Fosterville South is so sexy because it’s so close to the Fosterville Mine in Australia, operated by Kirkland Lake Gold (KL-NYSE/TSX).  The Fosterville Mine has been the single most profitable mine on earth for a couple years thanks to the Swan Zone, a 2 M oz. deposit at 2 ounces or 60 g/t per ton.
 

The Swan Zone is a freak of nature. Not only is it high grade and unbelievably profitable—it’s in a first world country and surrounded by suburban and farming communities.  Infrastructure and logistics is incredible. 

By that I mean drilling and operations are incredibly cheap.

Fosterville South had/has a good sized property on that same trend that already had high grade historical production on it—in multiple locations!

An investor just could not ask for a better set up than that.  
 

Same Team, Same Neighborhood, Same Set-up

 
Well folks, I think history is about to repeat itself.  Get ready, because the same team is bringing a very similar asset package to market—again with a low valuation, but this time with a full treasury of $12 million.

This may even be a better setup than Fosterville South (40 cents to $5 in months)?  How could I say that?

For one, the treasury is already full.  By the way, $12 million goes a long way when drill holes only cost $50,000.  Second, drilling will start immediately.

I’m not predicting the result but I think you will agree that the potential of this setup is not debatable.  After what Fosterville South did–everyone in the market is also going to want a piece of the next one from the same group.

By being a reader of mine, you are one of the first to hear about it!

This is not a developing story to circle back to later in 2021.  This is happening now.  Drills will start turning within weeks.   I am already on the edge of my seat.

This new company has two large properties that are quite close to each other in southern Australia, and both have an astounding number of historical high grade gold occurrences AND several shafts that became producers 150 years ago—at grades of 75 g/t, 55 g/t, 53 g/t etc….

Those high grade numbers mean well over 1 ounce per ton and even over 2 ounces per ton! 

The past work done on the project dates back to the 1800s where old-timers literally just picked the high-grade gold off the surface.  There has been no work done here with modern techniques and those historic high grade discoveries are EVERYWHERE.

An exploration punt yes —— but what an incredible looking piece of land.  This team is starting at 2nd base with so many historical workings.  No homeruns needed here, just a solid single will bring the runner to home plate.

There is just so much gold already discovered on the property and it is all super high grade. You literally can dig up gold almost everywhere.   The biggest challenge for the team has really been figuring out where to focus first.

That is one high-class problem to have.       
 

DO NOT MISS MY E-MAIL TOMORROW!!!

 

Fosterville South helped make 2020 a GREAT YEAR for my portfolio.

This team’s new stock has me so excited because I think it’s a 2021 look-alike to FSX. The macro situation is the same as 2020–Central Banks have printed so much money that you know the gold miners are going to have another big run. 

This new pubco has the right team, the right assets and a full treasury—and it is hitting the ground running—with speed—the value creation here will be much quicker than average junior.  They are cashed up, know exactly what they are going after and the drills start turning ASAP.

There is no reason this can’t be the The Stock of the Year for 2021, just as FSX was for me in 2020.

The drills are turning in February and that should mean press release, after press release after press release.  If the news is good—this team and these assets will grab the market’s attention and keep it for months. 

The big junior gold mining successes have the three elements of SIZE, GRADE and SPEED.  This stock promises to have all of them in the cheapest, least complicated and hottest gold camps on the planet.

While this is exploration (never forget that!), the land is littered with historical high-grade discoveries from 150 years ago.  The job for this team is to get out there, delineate what they have and quantify it for the market.

Most junior exploration punts are about trying to find a needle in a haystack.  That is why it often takes up to three years for a junior to get a resource calculation completed. 

This stock isn’t about searching for that needle…….it has a box of needles that is sitting on top of the hay thanks to the historical discoveries.   That means that this project should develop much faster.

And you are hearing about it on DAY ONE.  The IPO is tomorrow.  BE READY!!