Follow The Smart Money! 2 Exploration Stocks Wheaton Precious, Altius Minerals, And Nobis Group (Ecuador’s Largest Private Conglomerate) Are Buying.

Let’s not overthink this situation.

It’s an absolute no-brainer.

Just follow the money.

On Thursday, Adventus (ADZN, TSX-V) closed a $12.1 million private placement led by the Nobis Group.  That investment constitutes an endorsement of the Curipamba Project, visited by BMR last December, from the highest level(s) in Ecuador – powerful business people and presumably government officials (knowing money and politics tend to go hand in hand).

Nobis (aka. Consorcio Nobis) is one of Ecuador’s largest private business conglomerates.  Employing an estimated +10,000 people, Nobis owns +100 corporations.  They’ve helped finance and construct some of the largest infrastructure projects in all of Ecuador, such as Puerta Santa Ana and Mall del Sol. Collectively, the portfolio is estimated to be worth $1 billion.

Luis Noboa Naranjo planted the seeds of what grew to become a family fortune by exporting bananas and buying plantations.  His son, Alvaro Noboa Ponton, born in 1950 in Guayaquil, eventually inherited the estate.  Alvaro has also been actively involved in politics, unsuccessfully running for the Office of President of Ecuador on 5 occasions (starting in 1998).  Seemingly, his sister Isabel Noboa Ponton and her team are more visibly involved with managing Nobis from a high-level.

How could Nobis‘ and the Ponton family’s investment and interest in Curipamba be a bad thing?

Their involvement is a positive from every angle you want to look at!  A huge POSITIVE, especially as it relates to securing the necessary funding and permitting to build a mine.

If the investment and interest from Nobis didn’t lend enough credibility, in itself, don’t forget Wheaton Precious (WPM, TSX) and Altius Minerals (ALS, TSX) are also 2 of Adventus‘ largest shareholders.  And without Salazar Resources (SRL, TSX-V) there really is no Adventus!

Don’t overthink this!

Follow the money!

I continue to adamantly recommend a LONG position in SRL and/or ADZN.  Don’t miss the boat on this trade.  SRL and ADZN are both near multi-year highs.  I see both stocks heading a lot higher from here, too, because they’ve finally got the wind at their backs!

You can’t possibly look at this chart and tell me smart speculators haven’t been accumulating SRL.  It has been a steady climber.  Higher highs and higher lows, demonstrating there’s significant support underneath this market.

Nobody who owns SRL is looking to sell, not much anyway – not when it’s still this cheap.  And at the same time, I’m guessing less than 1% of the resource world even knows about SRL.  Therefore, huge pent-up demand for the stock remains on the sidelines.

This is one of those stocks you can own and still sleep well at night.

With a market cap of $24 million, and roughly $5 million cash in the bank, Salazar is still selling for a very attractive price.  Salazar‘s 25% carried interest in the El Domo deposit and target-rich Curipamba Project has an implied value of $42.7 million, based on what Altius paid for the 2% NSR.

While the vast majority of resource stocks are down and/or out completely, SRL is up 600% from its all-time low!  No rollbacks, either.  Which speaks to the quality of people and projects underlying Fredy Salazar and the namesake company he’s been building since 2008.

Relatively speaking, SRL is one of the strongest stocks across the junior market.

ADZN is also trading near its all-time high.  For the week, the stock was up 6.5 cents to close at $1.05.  More than 1 million shares traded Thursday.

Do you think any other Ecuadorian business people, or wealthy families from Latin America, might follow Nobis and the Ponton Family into this deal?

Do you think other resource investors from across the world might eventually wake up and follow Wheaton Precious and Altius into this deal?