Paradigm Picks Newsletter 2021/Jun/21
Hello everyone,
Welcome to part 2 of our updates. We have been reaching out to the CEO’s of our various investments to stay up-to date on their respective progress and initiatives. As always, due to legal reasons, CEO’s may be “tight lipped” regarding various questions however provide a general sentiment for their projects going forward.
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Updates
Emerita Resources EMO : The current crown-jewel of our portfolio with a gain of 905% at the time of writing, Emerita Resources is still a monster in the making. Research Capital Corp. recently assessed EMO with a $3.30 price target. Please click here for an in depth breakdown by “Doc Jones the Resource Investor.”
This play was originally brought to our attention over a year ago by Castle Rising Media inc. In collaboration with them, it became clear to us that the down-side would be in the $2.00 range with the potential upside in the $10.00+ range. Based on available historical resources we took our largest position in this company and are quite pleased we have! We believe this company is still in it’s infancy with confirmed resources in the ground out side of additional drilling/field work being completed. If/When Aznalcollar is awarded to EMO, the company will unquestionably see a significant increase in valuation.
Bright Minds Biosciences DRUG : As per the recent news release, $DRUG has made application to list on the NASDAQ. In our opinion this is a huge and welcomed step to increase accessibility, awareness, liquidity and validation of this company. In addition, the company has added:
- Emer Lahey, PhD, MBA, to join the Board of Directors; and,
- Tom Lategan, PhD, appointed to Vice President of Regulatory Affairs
to their team.
It has become clear to us that this company is taking the strategic steps to become a heavyweight - in not only the psychedelics space, but in the Pharmaceutical industry as a whole. We continue to watch this company with great interest.
Deep South Resources DSM : In relation to the latest press release regarding the HAIB copper licence renewal, we believe a strategic buying opportunity has presented itself.
Pierre Léveillé, President & CEO of Deep-South stated, "In the context that the Company is well funded and moving ahead with a large development program, the decision of the Minister is surprising and certainly not in the best interest of the development of the mineral resources of Namibia. We believe that a meeting with the Minister will remove any possible misunderstanding and the situation will be rectified in the shortest time frame possible. We are hopeful that our efforts to meet with the Minister will reach a positive outcome”
In its application for renewal and subsequent representations made to the Ministry, the Company has clearly demonstrated that it adequately meets the criteria under the Minerals (Prospecting and Mining) Act (Namibia) (the “Act”) to justify the renewal of its Licence. Accordingly, the Company is of the opinion that the refusal is unreasonable.
As a result, we have purchased a significant number of shares with an average of .122. In our opinion, this issue will soon be rectified resulting a share price reaching back into the .18-.22 range in short order.
Cross River Ventures CRVC : In speaking with CEO Alex Klenman, we were informed that as per our previous coverage of the company, CRVC is progressing well and on schedule. The company has been meeting its’ quarterly objectives and is engaged with the mapping/sampling process. We have also noticed as per SEDAR, Mr. Klenman as been adding to his position in recent weeks. We look forward to their future drill programs once the preliminary ground work has been completed.
As always, seek professional financial advice and conduct your own due diligence prior to making any investment decisions,
Paradigm Market Research inc.
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If you have any further questions about these companies, please do not hesitate to contact us. We are more than happy to assist you with real-time, up-to-date information.