GREY:BNCIF - Post by User
Post by
GuyInPhoenixon Aug 14, 2014 7:39pm
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Post# 22844295
Big North was Touted by the NIA today
Big North was Touted by the NIA todayBig North was touted today by an outfit called the National Inflation Association (NIA). This is a entity which became well known several years ago for producing videos regarding the prospects for hyper-inflation in the United States. Over time, they built up a big email list and began making stock recommendations. Their website is: https://inflation.us/ Often times, their recommendations experience significant, short term run-ups, before falling down back to earth. NIA typically discloses that they have positions in the stocks they tout. In the case of this morning's email, I noticed something different: "NIA has signed a six month investor relations contract with NRT. NIA has received an initial sponsorship fee of USD$50,000 and expects to receive total compensation of USD$100,000." Within their comments on Big North Graphite, they included the following: "NIA has researched every single publicly traded graphite company in existence - and has concluded that Big North Graphite (TSX Venture: NRT) has the best quality flake graphite project in North America." My own comment: I'm sure that companies such as Northern Graphite would be happy to disagree. NIA also made the following remark: "NIA will be sending out a lot more information about NRT this evening and will release a full in-depth report about NRT this weekend. NIA will be covering NRT for at least the next six months as the company makes major progress towards becoming one of North America's major flake graphite producers." I am on their email distribution list, so as other stuff comes across, I can mention here. (I am not a follower or subscriber of their services -- I'm on the email distribution list more as a curiosity than anything else) Suffice to say, that a good part of the volume today probably related to the email blast to their distribution list (they have also sent out emails for the past several weeks indicating that they were going to make a recommendation in the Graphite space -- so their 'followers' have been waiting for word).