Sometimes markets present opportunities that may potentially become life changing. I believe NVA is 1 of them opportunities that come along in stocks. I have a very significant position in this company and have continued topping up along the way which i rarely do.
Todays announcement on Estelle is significant in that it shows why management have decided to fully focus on Alaska and its potential as a globally significant gold project. Take nothing away from the Manitoba lithium asset as it alone is a company making asset. Alone the Snow Lake holding of the lithium assets that NVA will own will be worth more then its current 16 mill market cap.
So NVA will now fully focus on the Alaskan assets and firstly its Estelle estimated gold resource target of 2.2>5.3 Moz Au. This target only accounts for a small section of the Estelle land holding with scope for major increses. On top of this the Alaskan asset holds other grounds which have potential for copper, cobalt, silver, lead and rare earths.
Currently i believe the market is giving no value to the Estelle potential with its 16 mill market cap sitting below what the Snow Lake holding NVA will hold on the TSX. Alaska is known as elephant country with some of the biggest gold finds globally amd the types of finds the big players like Anglo America and Newmont are interested in. NVA is positioned for some serious upside potential on both the spin out Snow Lake lithium asset and its now focus on Estelle and its major gold potential.
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- Ann: Potential for a Globally Significant Gold Project at Estelle
Ann: Potential for a Globally Significant Gold Project at Estelle, page-14
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