Eric Sprott’s BIGGEST investment EVER

This video reveals billionaire mining financier Eric Sprott’s highest conviction trade, a gold stock with the potential to be 140 times more profitable than the average mine. At today’s price of $3.26 per share, you can invest alongside Eric Sprott for significantly less than what he paid!

Here’s what you’ll discover:

Why this deposit is unique: Learn about the incredible drill results and the potential for massive profits.
Insider insights: Hear directly from Eric Sprott as he explains the opportunity and why he invested heavily.
Location advantage: Discover the benefits of the mine’s proximity to infrastructure and surface mineralization.
Limited-time opportunity: This stock is currently trading for half the price Eric Sprott paid.
Don’t miss out on this potentially life-changing investment! Watch the video now and learn more about this exciting gold opportunity.

Disclaimer: This video is not financial advice. This sector is very risky and this should not be considered investment advice. Always do a lot of your own research before investing your hard earned money.

I currently do not own shares in NFGC however, it is high up on my watch list.

#ericsprott #goldstocks #gold

Eric Sprott is a billionaire mining financier. And today you have an opportunity to get into his highest conviction trade the stock that he’s invested the most amount of money into in his entire life for less than half of what he’s paid for his own stock.

By the way, don’t take this video as investment advice. And always do lots of your own research before investing any of your money. To start, let’s let him give you the investment case for this. I mean, these holes that are being announced are incredibly valuable.

And I’m going to go to the value part. Okay. This is the most important thing to understand what this opportunity might be. If you have 1 gram of gold, you got a big open pit. Maybe you make zero two of a gram of profit. Zero two. Okay.

You got a 30 grams ore body. You maybe cost you 2 grams to mine it. You got 28 grams versus zero two. That’s 140 times more profitable. Okay. That’s 140 times more profitable. If it was 15 grams, it’s 60 times more profitable. These are orders of magnitude that are crazy.

In that clip, Eric compares this deposit to one that has, like, a 1 gram per ton gold in an open pit. Now, 1 gram per ton of gold, that’s pretty decent grade. That’s nothing to scoff at. In fact, there’s a lot of mines in production

That are operating at a lower grade than that. Now, it’s hard to wrap your mind around one mine being 140 times more profitable than another mine, but those are some crazy numbers. So this company called Kirkland Lake ended up taking over this company called Newmarket.

And in this next clip, Eric talks about the drill holes they were seeing from this company, Newmarket. Well, this was from the Fosterville mine in Australia and what the Fosterville mine did for Kirkland Lake. In a matter of, like, three years, that stock went up fifteenfold, from about a billion canadian market

Cap to 15 billion canadian market cap. There’s your first hole. Okay. 92 over 19 meters. Now, I can tell you this because I was with Kirkland when we bought new market, which had the Fosterville property in Australia, and I was a shareholder of new market. And we would come up with holes like

This, but they’re one in a million. So these results are. They just continue to amaze with their results. I put down here a list of the hits. I mean, we don’t need to go there, but just out of the park here in Newfoundland. Okay. I put this chart of Kirkland

Lake to tell you something. So probably before 2016, I was an investor in Crocodile gold. That became new market. And here’s a mining company that was announcing they were mining three gram gold. Then all of a sudden, the announcement, oh, we got five gram gold, we got eight gram gold, we got

15 grams gold, we got 25 grams gold. Holy jeez. What’s going on here? And, of course, this turned out to be Fosterville in Australia, the highest grade operating gold mine. And when we finally bought a new market, which I was a big shareholder in, but as a chairman of

Kirkland, I would try to convince people that, you know, this thing is going to be so big because the profitability with those kind of grades is going to be so off the wall that Kirkland could go crazy. And I don’t think I ever convinced a director to buy any two employees.

I think bought it two. Everyone missed the opportunity. I don’t know why they missed the opportunity. And then sooner or later, along comes Kirkland. They report like, we made $200 million this quarter. Well, duh! When you got that kind of grade, of course you’re going to make 200 million.

Now, I put in the latest news release from April 25. So that’s three or four days ago. But it basically said we have 22 meters of something like 17 grams, and I think it was 18 meters of 12 grams. That’s my recollection. And one of the things that’s

Interesting about that 40 meters. Okay. I always like doing this. 40 meters. Would that be about 40 meters to the end of this room? About that, right. You imagine mining something that wide. How easy is that? 40 meters. Oh, my God. And that’s just the width of the zone.

We got the height, the depth, the strike. I’m just talking about the thickness of the zone. This is like via layup mining that. In that clip, he talks about how mining something 40 meters wide is incredibly easy. So picture this. You have a football field. Everybody knows what a football field looks like.

And 44 yards on that football field, that’s 40 meters wide. That’s how wide this is. Compare that to another company. I follow where they’re mining veins that are one half of 1 meter wide, half of a meter wide, and they’re following these veins hundreds of feet underground.

Now, how do you get a big truck underground to mine something that’s that wide? Well, you have to make a hole that’s a heck of a lot bigger than that. Right. But when it’s 44 yards wide and most of the mineralization starts right near surface, you just dig a hole.

It’s super simple versus going hundreds of feet underground to mine something that’s this wide, the complexity and the cost doesn’t even compare. So let’s quickly go over a few things. You have something that’s obviously going to be a tier one mine that’s potentially 140 times more profitable

Than a 1 gram per ton open pit mine. It’s not like this is in some third world country. I mean, this is in Newfoundland. This is in Canada. This is considered one of the best mining jurisdictions in the world. A lot of the awesome mines that are being

Found today are in the middle of nowhere, because all the land close to stuff has already been explored, or, well, most of it. But here, Newfoundland, for some reason, hasn’t been explored much. So you can actually drive to where they’re drilling. There’s a road that goes literally right through their land package.

It’s very close to infrastructure, which reduces the cost of building the mine tremendously. Like, imagine this, where you’re right next to a road, you’re right next to power, compared to being 300 miles away from the nearest road. You have to go in by helicopter to drill.

You have to take a four wheeler out there and have a little drill rig coming on the back of a four Wheeler, things like that. It makes it extremely expensive and really expensive to have to build all the infrastructure to even get your equipment to the mine site.

But here, it’s right next to roads. It’s very close to a town. The infrastructure is there. So when it comes time to build the mine, it’s going to cost a whole lot less because it’s close to infrastructure. But even more than that, a lot of the mineralization is right at surface.

So this is the surface of the ground. A lot of the mineralization is right here, here. And then it goes down from there. They’ve only drilled a couple of hundred meters down in most cases, but the mineralization starts at or very, very close to surface.

So when it comes time to actually mine the stuff, you don’t have to remove any waste rock to get to the ore. Whereas with most mines, like your mineralization might be down here, and you have to come in with big equipment and remove all of this stuff, getting

Giant shovels full, taking it away in trucks, until you finally get to your ore. And that is really, really expensive. But the fact that it’s at surface means it’s going to be that much more profitable to mine. And Eric Sprott, one of the best mining investors

In the world, has invested $260,000,000 into newfound gold. And after doing that, he owns a total of 20% of the company. Now that puts what he has paid for the company at $1.3 billion. But you know what? It’s trading for about half of that today.

So you and I, us normal people, we can get into this incredible tier one gold mine that’s in one of the best jurisdictions in the world. That’s right at surface. That’s right next to infrastructure that’s potentially 140 times more profitable than your average gold mine. And we can get into it for

Half of what Eric Sprott paid. So I started this channel just a couple of months ago, and I want to say that I’m totally humbled and super thankful that you guys are already sharing my videos on all these places where gold investors hang out like ceo.ca TF Metals

Report goldstockdata.com. I see the analytics where all the views are coming from, and I see that you guys are sharing these videos on those various websites. So I’m truly humbled. And thank you very much for sharing these videos and getting them out to more people because it helps out a lot.