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TICKERS: NOC; NOCSF

There Is More Than Meets the Eye With This Canadian Silver Co.
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Michael Ballanger Michael Ballanger of GGM Advisory Inc. shares an update on Norseman Silver Inc. to explain why he believes it is currently a Buy.

Norseman Silver Inc. (NOC:TSX.V; NOCSF:OTCQB) is closing CA$1.2 million next Tuesday and will be announcing another corporate move that will continue to demonstrate their focus on critical metals.

Hat tips for all who scooped the CA$0.10 stock, as I am convinced you will be well-rewarded in 2024. I have been pounding the table since late September when the stock traded very briefly under CA$0.05. I actually bought stock as low as CA$0.035 where an open order got filled, much to my total surprise.

However, since I failed to identify the top above CA$0.70 back in March/2021, I will not feel totally vindicated until we get back there. I like the Caballos Copper Project a great deal and while it is an exploration play, the early data from the work done by Vale prior to 2020 validated their in-house recommendation for an aggressive drilling program.

NOC is simply following through on the original plan formulated by one of the world's premier base metal miners. There is a lot more going on with NOC than meets the eye, but suffice it to say that it is moving hard in the direction of copper and will continue to do so.

They will also be doing work on 4 GGM Advisory EMAIL ALERT Taquetren, but since that is an early-stage exploration story, it will be on the back burner until market sentiment shifts in favor of the explorco's.

NOC is a Buy.


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Important Disclosures:

  1. [Norseman Silver Inc.] is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000.
  2. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of [Norseman Silver Inc.].
  3. [Michael Ballanger]: I, or members of my immediate household or family, own securities of: [Norseman Silver Inc.]. My company has a financial relationship with [Norseman Silver Inc.]. I determined which companies would be included in this article based on my research and understanding of the sector.
  4. Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
  5.  This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.

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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.





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