Canadian Silver Co. Is an Aggressive Buy
Contributed Opinion

Last August, I informed all subscribers that I was looking at Norseman Silver Inc. (NOC:TSX.V; NOCSF:OTCQB) due to my belief that they were about to embark in another direction. I recommended the shares when they were under CA$0.05 and, in fact, bought a big block accidentally at CA$0.035 when an open order got whacked in September. I have been annoyingly persistent in mentioning NOC for the past three months, and now that the company has made it official by way of the

acquisition of the Caballos Copper Project in Chile, I can tell you that I now have the perfect proxy for the next retail mania coming in 2024. Social media would have us believe that it is gold and silver or Bitcoin, but the real shortage situation coming down the pipe is copper.

NOC is an "aggressive Buy" based upon the new additions to the NOC team already announced. There are other changes upon which I can only speculate, but I owe it to all subscribers to let you know what I am going to do with my portfolio.

I am taking down a large chunk of the recently announced NOC funding. (CA$0.10 unit with a half-warrant at CA$0.15 for two years) It is a small raise — CA$1,000,000 (50% greenshoe provision), so they will certainly be moving their market higher in Q1 to do another raise of drilling fund money. That drilling is intended to confirm a resource that might be 1 million tonnes of contained copper worth over US$8 billion.

I am convinced that successful investors like Robert Friedland are on the mark with their persistent commentary at every critical metals conference across the globe these days that copper is where you want to be.

The sheer volume of copper required to complete the move to electrification is staggering and while lithium is anything but a rare metal, no new copper mines are going into production anytime soon thanks to near-sighted government regulation and low prices relative to input costs, which have skyrocketed.

I hope everyone has a clear picture of the path moving forward.

Important Disclosures:

1. Norseman Silver Ltd. 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 Ltd.
3. Michael Ballanger: I, or members of my immediate household or family, own securities of: Norseman Silver Ltd. 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.
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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.