โ› Almost 500m Of Gold

PLUS: A nanocap transaction you'll want to watch

Greetings Contrarian,

This is The Next Big Rush, a daily newsletter to keep you informed about the world of mining/energy investing. Where we come together and see stocks with good news sell off. ๐Ÿค”

Here's the opportunity list:

๐Ÿ—ฃ Almost 500m Of Gold Found

๐Ÿ—ฃ Uranium Junior Goes to NY

๐Ÿ—ฃUranium M&A With Nanocap

โ„๏ธ Snowline with long results

To the surprise of no one, Snowline hits an intercept so long you wonder if God himself spread out the gold all evenly like butter on bread.

Highlights:

  • A 170m step-out generated a hole of 289.7m interval averaging 0.90g/t Au. Within that, 189.2m averaged 1.25 g/t Au.

  • Another hole had 481.5m averaging 0.69 g/t Au. Within that, 250m averaged 1.01g/t Au.

  • Results extend strike length of the mineralization adding significant tonnage.

  • Assays still pending for 13 of 32 holes drilled at Valley and Gracie in 2022

The market probably expected something else as the stock sold off slightly on the news. We couldn't possibly know how or why, but "sell the news" is alive and well.

๐Ÿ†™ Encore Energy Gets Green Light for NYSE

There was an interesting picture going round on Twitter yesterday afterhours (thatโ€™s an official time of day, trust us):

Well, it turns out it was a lot more than gossip as Encore Energy (TSX.V: EU) announced today that itโ€™s received the nod of approval from the NYSE to start trading on the big board under the symbol EU, as it leaves the OTC from Monday, 23rd of January.

๐Ÿท Goviex Sells Falea for 5.5m

African Energy Metals Inc. (TSX.V: CUCO) is purchasing Goviex Uranium Incโ€™s (TSX.V: GXU) subsidiary containing Falea, Bala, and Madini projects for $5.5 million in cash and shares, with $500,000 cash and $2 million in shares at closing. Subject to re-issuance of Falea license, $CUCO will also issue shares worth $3 million.

$CUCO will also grant GoviEx a 3% net smelter royalty on the Falea project.

The project is a uranium, silver, and copper deposit in Mali, located 350 km west of the capital Bamako.

GoviEx is focusing on its two advanced mine-permitted projects in Niger (Madouela, at post-feasibility stage) and Zambia, but will retain potential upside in future discoveries for the Falea project.

$CUCO has been halted and is currently at a C$6m market cap. ๐Ÿ˜‹

๐Ÿ˜ Meme Of The Day

Tomorrow will be a better day,

The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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