Dirt Cheap and Highly Prospective

Source: Michael Ballanger 09/18/2024

In light of Vortex Metals Inc.’s (VMSSF:OTCMKTS; VMS:TSX; DM8:FSE) recent surface sampling results, Michael Ballanger of GGM Advisory Inc. shares his opinion on the stock.

Vortex Metals Inc. (VMSSF:OTCMKTS; VMS:TSX; DM8:FSE) put out some fairly impressive soil sample results yesterday morning, not too much for the grades of copper, gold, and silver, but they were recovered from a brand new area of the Illapel property.

The stock is dirt cheap here at CA$0.095, with drill results perhaps a couple of weeks away.

In fact, someone has been hitting the CA$0.085 bid on a regular basis, which is absolute insanity but not surprising due to the predominance of investor fatigue creeping up in many of the junior resource issues.

These deals all have “shelf lives,” just like produce or bread or fruit. If they don’t move within a certain time horizon, they get pitched overboard out of boredom.

This is why we need a couple of barn burner drill holes from this initial drill program in order to fund the next 3,000 meters of drilling.

This property is a favorite of ex-BHP Chilean country manager John Larson, whose years 16 with the multinational giant afforded him many “looks” at properties of merit in the Andean Copper Belt.

Illapel was always favored for its highly prospective geology and proximity to the RIO-27 copper mine. I own VMS/VMSSF and think it will be a solid performer by the end of the year.

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Important Disclosures:

1. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vortex Metals Inc.
2. Michael Ballanger: I, or members of my immediate household or family, own securities of: Vortex Metals Inc. I determined which companies would be included in this article based on my research and understanding of the sector.
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Michael Ballanger Disclosures

This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.

( Companies Mentioned: VMSSF:OTCMKTS;VMS:TSX;DM8:FSE, )

Source: https://www.streetwisereports.com/article/2024/09/18/dirt-cheap-and-highly-prospective.html