Great Volume. New 52 Week HighBeing right close to VZLA is key. I think the Investing Whisper has this stock on his list.
Below is a copy of what the newsletter reads:
Investors are running up gold and silver stocks, partying like it’s 2011.
One of my favourite stories—that I’ve written about several times now—is Vizsla Resources (VZLA-TSXv).
Their silver play in NW Mexico once again delivered incredible grades—over 10 kilo silver, or as we say in the business – 5 digit silver.
Here is an example:
12,992 g/t silver equivalent (2,889.2 g/t silver, 107.9 g/t gold, 4.80% lead and 4.56 % zinc) over 3.7m from 69.5m including; 21,034 g/t silver equivalent (2,240.0 g/t silver, 199.0 g/t gold, 12.85% lead and 3.27% zinc) over 0.85m from 72.35m
And the stock has responded! My readers are now up 500% from the 50 cents the stock traded at back in May—only two months ago. I’m still long my VZLA, and after announcing a $25 million bought deal this morning I think the stock has the potential to go a lot higher. But I confess I did sell 20% of my position to buy another NW Mexico silver play—near to VZLA’s Panuco asset, but a bit more grassroots.
Like VZLA, it is a former high grade silver producer. Like VZLA, it had several landowners that had to consolidated into a larger, contiguous land position. Like VZLA back in May, the stock is very cheap with a good asset, good team—and now a GREAT market.
Now is the time to make a lot of money in junior precious metal stocks. NW Mexico is now the hottest area in the world for silver stocks. This company is in the heart of it.