- Stock Monster
- Posts
- Monday's Monster Stock (Feb. 12)
Monday's Monster Stock (Feb. 12)
Soaring to all time highs
Hello and welcome to Stock Monster! If you’re new here, add your email below to ensure that you receive my next emails in your inbox, and if you want to read more of our posts, check them out here.
What to expect in this week’s soaring pick:
🔍 Massive Copper results
💰$10M raised last year, active shareholders
🛠 Dedicated community
This week is sponsored by Early Bird.
Are you ready to take your investing game to the next level?
We empower investors like you with a daily newsletter which includes the insights needed to stay informed and make profitable decisions in the stock market.
In the search for treasure you sometimes find unexpected riches.
Often, mining companies will be drilling and exploring for gold or silver but stumble upon a copper deposit instead - see Hercules Silver.
This week’s monster pick follows the same path, and while the name reminds me indoor malls, ripped jeans and too much cologne - the copper grades remind me of 💸💸💸.
This week’s pick: American Eagle Gold (TSXV: AE)
Not this American Eagle…
Why are we soaring high on AE? 🦅
Grade, grades, grades: While the company started with gold (hence the name), American Eagle Gold’s NAK23-17 drill hole hit significant copper on it’s NAK property, intersecting 302 meters of 1.09% Copper in January.
Finances are strong: With $10M raised in 2023, AE can push forward with more exploration on it’s copper results - oh and did I mention Teck is big investor? See here: https://americaneaglegold.ca/news/american-eagle-gold-announces-c-2.96-million-financing-with-new-strategic-shareholder/
Dedicated stock community: AE’s CEO.ca chat forum is full of dedicated shareholders, and when you see eyes on a project like this, take notice.
STOCK MONSTER FACT
Nevada is known as the "Silver State," but it's also the fourth-largest gold producer in the world, with Barrick’s Goldstrike Mine being the largest producer in North America.
⚠️ There’s always some risk ⚠️
Exploration risk: Drilling has just begun on AE’s NAK project, so the risk of failure is still high.
Green revolution turning brown: With lithium prices down, will copper follow? Companies are starting to abandon the EV trend because it turns out, the world isn’t quite ready - Copper is a different game, so let’s see what happens.
This week's golden pick: American Eagle Gold Corp. (TSX.V: AE)
You can't always get what you want, but if you try sometimes, you might find, you get what you need - Rolling Stones
And that’s exactly what happened with AE.
A search for gold is uncovering a massive copper opportunity, and the timing couldn’t be better.
Don’t sleep on this one.
Current Stock Trading Details:
Stock Symbol: TSX.V: AE
Stock Price: $0.58 (as of Feb. 11)
Market Cap: $67M
STOCK CHART
American Eagle Gold Corp. (TSX.V: AE)
👋 Colton, Stock Monster
P.S. Want to view our previous Monster Stock picks? View them here.
If you liked this, make sure to Subscribe and if you want to read my other posts, check them out here.
This newsletter is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions. We have not been compensated in any way for this pick or content; we genuinely just like it, and because of that, we likely bought shares, assume we own it.