Brand new to the Markets with 190% UPSIDE, LDDAF is the ONLY Gold Play you need before the Election!
LIDA RESOURCES INC.
We’ve seen it happen before.
In 2008, the markets crashed amid the worst recession since the Great Depression and Gold prices literally went through the roof – nearly breaching $2,000./ounce.
All of this spawned the plethora of fear-mongerers you see on TV every day trying to sell you Gold as a “Safe-Haven” against inflation and turmoil.
But after a sustained economic recovery and strong GDP growth since the recession, Gold prices eventually flat-lined around $1,200./ounce.
All of that brings us to today. This is NOT 2008. 2020 is another BEAST entirely and the tsunami shitstorm about to hit the Global Markets is not one to be complacent about.
Let’s break it down:
|1. We have a Presidential Election coming up where both sides claim to refuse accepting defeat and a President who won’t commit to a “peaceful transfer of power”. Needless to say, we won’t have a result on Nov. 3rd.|
2. We have the COVID-19 Pandemic running rampant across the globe and no Stimulus Bill to help the unemployed and businesses hit hardest.
3. Global Turmoil with the likes of Iran, a war between Armenia and Azerbaijan, and a trade war with China.
4. Top that all off with $21 TRILLION in US debt and a recently announced $3.1 TRILLION deficit which could eventually lead to massive hyper-inflation.
So it wouldn’t be surprising if this were to throw an already overpriced and over-bloated market into an eventual tailspin.
Which is why investors are once again turning to GOLD – considered a safe haven in volatile times because it has acted as a store of value, maintaining its purchasing power for thousands of years.
Unlike in 2008, Gold prices stormed right through the $2,000./ounce mark this time with ease – marking New All-Time Highs.
And with the way things are going, many believe the price of gold could surge to unseen levels of $7,500-10,000. within the next 10 years!
All this and more is why Today’s New GOLD Alert could be among our Biggest Plays of ALL-TIME…
WE ARE ISSUING AN IMMEDIATE ALERT ON LDDAF!
Only trading on the US Markets since August, LDDAF (Lida Resources Inc) presents an unparalleled GROUND FLOOR Situation in the Safe-Haven Gold commodity.
Tri-listed in the US, Canada and Germany, this Canadian Mineral and Exploration Company is focused on advancing the San Vincent deposit in Trujillo, Peru as well as the Fruta del Sur deposit, which has the potential to be one of Peru’s most prolific mines!
But before we get into that, let’s check out the chart….
LDDAF READY FOR A TRIANGLE BREAKOUT TO NEW HIGHS?
As we highlighted, LDDAF is Brand New to the US Markets, having only IPO’d about a month and a half ago.
Like most new issues, LDDAF struggled at first to find a base price – but eventually found support around the .06-.07 mark.
Now we can see LDDAF reaching the apex of it’s descending Triangle Pattern where it must choose a direction….
With Gold prices soaring and heavy uncertainty and volatility in the current political climate, will LDDAF stage a move to the upside or downside?
So whats the Upside Potential?
A rally back to August’s highs of .195 would generate up to 190% GAINS!
But being so new, it wouldn’t be a surprise if LDDAF could breach that level and move into Blue Skies Territory with no upper chart resistance and UNLIMITED UPSIDE!
So what could prompt such a rally? Let’s dig in….
LDDAF – THE NEXT BIG GLOBAL GOLD PLAY
Within Latin America, Peru has, perhaps, the greatest untapped potential for new discoveries and production.
Peru covers an area of 1,285,216 square kilometres with a population of 29.5MIL. Abundant mineral resources occur in the Andes (copper, zinc, lead, gold and silver) and most of the world’s major mining companies, including Xstrata, Newmont, Glencore, Gold Fields, Freeport-McMoRan, Rio Tinto, Anglo American and Barrick have operations in the country.
Mining in Peru kicked off in the late 1800’s. The first boom, or “gold rush”, occurred between 1930 and 1960.
The country is a global leader in the mining industry and is one of the world’s biggest producers of base and precious metals. Currently, it is the third largest producer of copper and zinc in the world. Peru is also a major producer of gold, silver, among other minerals.
And today’s alert just so happens to have a significant piece of that Peruvian pie…
LDDAF (Lida Resources) is a Canadian mineral exploration and development company, focused on advancing the San Vincent deposit located a short drive from Trujillo Peru.
The Company also owns the Fruta del Sur deposit, with the potential to be one of Peru’s most prolific mines!
In June, LDDAF announced it entered into two agreements to acquire 400 hectares which encompass the Quiruvilca mine – one of Peru’s oldest mines with mineralizations of silver, lead, and zinc first reported in the area in 1789. The company later added another 2500 hectares in the vicinity to strengthen their position.
Most recently, the company signed an LOI to purchase 100% of another mine – the Minas Bambas Project in La Libertad, Peru – known for producing Gold and Silver.
SO WHAT DO THEY DO?
With assets exploring gold, silver, lead, and zinc, LDDAF acquires properties by staking initial mineral claims, negotiating for permits from government authorities, acquiring mineral claims or permits from existing holders, entering into option agreements to acquire interests in mineral claims or purchasing companies with mineral claims or permits.
Once on these properties, the company explores for minerals on its own or in joint ventures with others. Exploration for metals usually includes surface sampling, airborne and/or ground geophysical surveys and drilling.
🔘 Advancing the company’s flagship property San Vincent in Peru with bulk sampling currently underway.
🔘 Acquiring high-quality assets at a low-cost relative to ultimate value.
🔘 Apply management’s extensive operational and exploration expertise to turn around, grow and/or develop the assets.
🔘 Focus on cash returns to shareholders and prudent use of leverage.
LDDAF is essentially an ” Incubator.” with a pipeline of properties available to the company.
Companies will spin off from LDDAF, creating additional shares for shareholders. The first company spin off was Fidelity Minerals FMN on January 20, 2019.
A STRONG MINING BLOODLINE BEHIND LDDAF
In Latin America, bloodlines are everything. A strong bloodline gives you power, connections, and resources that others may not be privy to.
And heading up LDDAF is one heir to one of the most notable mining families in the world – the De Melt’s.
President and CEO, Leonard De Melt, is the third generation of De Melt miners. The Yellowknife Con Mine was staked by Mr. De Melt grandfather in 1935. Mr. De Melt was actually born at the Con Mine in the first aid shack!!! DeMelt Cresent in Yellowknife Northwest Territories Canada is named in his Family’s honor.
Why is his role with the company significant?
De Melt is one of the most respected and youngest mine managers in Canada an has held management positions with 12 mining companies internationally, bringing nearly 30 years of project management and mine development experience to the Corporation.
This is a man who was involved with the sale of Norsemont Constancia Mine to Hudbay for roughly $500 MIL!
The guy even wrote a book, Shit Happens! The Building of a Mining Empire available to buy now!
Just imagine the places he can take LDDAF in the near future!
THE BOTTOM LINE
“Our goal is to completely change the mining methodology.”, states Len De Melt, CEO.
And with LDDAF new to the scene this vision and passion may soon be catch major attention with its Gold, silver, zinc, and lead mining endeavors in Peru.
Let’s face it, the world is currently in one state of a mess. And America’s issues ain’t helpin’.
This is exactly why Gold is experiencing a meteoric rise that may not wane for some time.
GOLD IS THE SAFE HAVEN.
And with LDDAF brand new and at the Ground Floor of this Red Hot Sector – trading at just sing-digit pennies @ 6 CENTS – with a potentially EPIC Breakout situation,
Make sure you put it on your screen RIGHT NOW and Follow on Twitter for Updates + Play-by-Play!
We encourage all to read the SEC INVESTOR ALERT before reading our Newsletter.
COMPENSATION: Epicstockpicks.com has been compensated seventy thousand dollars cash via bank wire by a third party, World Wide Media Group LLC for a two day Lida Resources Inc. marketing services contract. Epicstockpicks.com does not own any shares of LDDAF. Epicstockpicks.com does not investigate the background of any third party. The third party may have shares and may liquidate it, which may negatively affect the stock price. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company.