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Thursday, December 03, 2020 10:12:32 AM
BHT's values will be greatly increased.
NIA comments:
Copper hit a new 92-month high at 8:23AMEST this morning of $3.523 per lb. The Global X Copper Miners ETF (COPX) gained 1.05% yesterday to close at a new 18-month high of $27.79 per share and is up another 0.76% to $28 per share in pre-market trading!
When NIA's #1 favorite copper stock suggestion Braveheart Resources (TSXV: BHT) hit its 52-week high of $0.17 per share on August 20th, copper was trading for only $3 per lb and COPX was trading for only $21.71 per share. COPX closed yesterday up 28% from its August 20th closing price, but BHT at its current price of $0.13 per share is still 23.53% below its 52-week high.
Any day now we expect BHT to close on a major acquisition of a second past producing copper mine called the Thierry Mine Project located in Ontario one of the world's strongest mining jurisdictions. BHT will become the 100% owner of the Thierry Mine Project, which is approximately 4,700 hectares in size and contains a NI 43-101 mineral resource.
Although BHT's primary focus is restarting operations at its 100% owned Bull River Mine in British Columbia, BHT is also planning to conduct a Preliminary Economic Assessment (PEA) for the Thierry Mine Project in the first half of 2021.
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