Eric Sprott Owns a Massive Position
Before I begin telling about the MOST IMPORTANT company to go public in the gold sector in 2020, know that I plan to own a SERIOUS AMOUNT of shares in this one.
I bought my first ounce of silver in 2009. Since then, I’ve invested in roughly 17 gold and silver stocks, which I’ve HANDPICKED from a database of 411 companies.
This company has just jumped to the TOP OF THE LIST.
In the past ten years, the most significant gold discovery is the “Swan Zone” at the Fosterville Mine in Bendigo, Australia.
Kirkland Lake Gold bought the “Swan zone” project from NewMarket Gold and look at what has happened to its share price on the NYSE!
This is what happened to that particular stock:
In five years, this company has ROCKETED HIGHER by 3,000%!
This company’s largest shareholder is the world’s most influential mining entrepreneur of our time, Mr. Eric Sprott. Not only is he a SELF-MADE billionaire, but he is also the most respected name in natural resources.
His track record is like combining the achievements of Michael Jordan, Husain Bolt, Tom Brady, and Michael Phelps – he’s a TITAN OF INDUSTRY.
In 2017, he became an EARLY-STAGE investor in another private gold company alongside Mr. Rob McEwen.
This happens to be the founder of Goldcorp!
His net worth is kissing the $1B mark, so when the two SELF-MADE gold billionaires TEAMED UP to fund this operation, it immediately got ON MY RADAR.
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What made this LITERALLY SHOUT AT ME in the same way that only a rare few opportunities ever have was when in NOVEMBER 2019, their drilling program hit the BEST HOLE in the history of that jurisdiction!
After that single drill hole, both Mr. Sprott and Mr. McEwen committed an additional $8M. A person by the name of Dr. Quinton Hennigh, the geologist involved in the discovery of the SWAN ZONE that led to the Fosterville mine becoming the creator of that EPIC CHART above, saw the results from this hole and deduced that this is “a potential second Swan Zone, the only one in the northern hemisphere.”
If he’s right, this company is sitting on top of the RICHEST MINE yet to be developed in the whole world!
You MUST consider shares of NewFound Gold (TSX-V: NFG) IMMEDIATELY!
This isn’t like any gold company we’ve ever encountered in the past 25 years.
I am willing to STAKE MY REPUTATION that this will become the most significant gold exploration stock of this decade.
- The share structure is the BEST I’ve ever seen: Novo owns 15%, Eric owns 14%, Rob owns 7.5% and Palisades Goldcorp owns 44%; these were the pre-IPO numbers . Eric Sprott, then, is one of the single LARGEST SHAREHOLDERS. Dr. Quinton Hennigh, the geologist responsible for the success of Kirkland Lake Gold and Novo Resources, a company whose share price has gone, in recent years, from 40c to $8.50 (IN TWO YEARS), has invested an amount of $15M through Novo Resources just based on that ONE hole.
These are UNHEARD-OF sums from three of the TOP TEN most legendary names in the gold industry’s history!
Other insiders own another 15%, while PalisadeGold, a one-of-a-kind private gold equity firm, owns 44% of the shares.
You MUST consider shares of NewFound Gold (TSX-V: NFG) IMMEDIATELY!
Tomorrow, I will describe the project and the story behind it. My MAIN MESSAGE is that this is unlike anything that has ever entered my database and I liken it to finding Bitcoin in 2010 or investing in Google on the day of its IPO!
We may never see anything like it ever again.
Best Regards,
PortfolioWealthGlobal.com
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