**BOUNCE ALERT** (OTC:GIDMF) Up 10% And Starting To Move

Long Term Stock Alert: (OTC:GIDMF)     As Hedge Funds Pile into Uranium Stocks Anticipating a 'Dramatic' Rise, this Little-Known Uranium Explorer Looks Well Positioned to Capitalize.  With a Global Effort to Reach Net Zero, Nexus Uranium Corp. (OTC: GIDMF) May Be One of the Smartest Choices to Gain Exposure to the Growing Uranium Rush! It's more critical than ever for the U.S. to ween off Russian uranium and GIDMF may have the ONLY tactical "clean" solution on how to accomplish this. Immediate Reasons Why GIDMF Should Be on Your Radar:   In January 2024, GIDMF announced that the company has entered into a letter of intent with CanAlaska Uranium Ltd., evidencing the parties' intent to negotiate and enter into an option agreement under which Nexus will acquire up to a 75%-interest in the Cree East Uranium Project located in the Athabasca Basin of Saskatchewan, Canada, which is wholly owned by CanAlaska. ( Press Release)   The Athabasca Basin is a region in the Canadian Shield of northern Saskatchewan and Alberta Canada. It is best known as the world's leading source of high-grade uranium and currently supplies about 20% of the world's uranium. (SOURCE ) The basin is located just to the south of Lake Athabasca, west of Wollaston Lake, and encloses almost all of Cree Lake.  The Cree East project represents the last, large-scale exploration project located in the heart of the Athabasca Basin with the potential for the discovery of high-grade unconformity-style uranium mineralization in either basement-hosted like Arrow or sandstone-hosted like McArthur River or Cigar Lake. The McArthur River Uranium Mine, in northern Saskatchewan, Canada, is the world's largest high-grade uranium deposit! This is a project that has seen extensive historical exploration dating back to the early 1970's, with over $20 million expended since 2006 which included multiple phases of geophysics (airborne VTEM, AMT, and ground IP-Resistivity and moving loop TDEM surveys) in addition to 34,473 metres of drilling in 91 holes.   In October 2023, the company announced an option to acquire 90% of the Wray Mesa Uranium Project in Utah. The ability to acquire a majority interest in an advanced-stage uranium project that has benefited from extensive past exploration and drilling located within a Tier-1 jurisdiction provides an exciting opportunity for shareholders to gain exposure to the growing energy trend.   Uranium prices are exploding as the metal is expected to play a huge role in the clean energy revolution. Uranium prices have risen to over $80 per pound for the first time since 2008 and are up 125% since 2020. The metal was the best-performing energy commodity in 2023!  Hedge funds are scrambling to get exposure to uranium stocks in anticipation that they will rise. Hedge fund managers including Terra Capital's Matthew Langsford, Segra Capital's Arthur Hyde, Argonaut Capital Partners' Barry Norris, and Anaconda Invest's Renaud Saleur are building bets on uranium companies such as Cameco Corp., Energy Fuels Inc., Ur-Energy Inc., and NexGen Energy Ltd. Why are they betting big on uranium stocks? On the strength of increased uranium prices and rising demand for energy metal. Uranium's price has been exploding and several hedge fund managers have begun to increase their exposure to this important metal.   Gold prices have recently hit a RECORD-HIGH and the company additionally maintains a Tier-1 portfolio for gold including 51% ownership of the Independence Project in Nevada. The precious metal has hit a record high of over $2,100 in 2023 and market experts have given a positive outlook for gold with a better target price. "We retain a positive outlook for gold, targeting a price of $2,250 per ounce by the end of 2024 ," UBS analyst Giovanni Staunovo told Reuters. A more bullish outlook comes from Michael Lee, Founder of Michael Lee Strategy and a 20-year Wall Street veteran who previously worked as a VP at Morgan Stanley. He says gold will reach $5,000 per ounce in the next bull run as inflation rises and the U.S. dollar weakens. (SOURCE )   As Nuclear Energy Regains Popularity and Uranium Prices Soar, Nexus Uranium Corp. (OTC: GIDMF) is Aiming to Help the U.S. Ween off Russian Supply While Building Shareholder Value!   Company Overview   Nexus Uranium Corp.  operates as a mining company and is powering tomorrow's clean energy. The Company engages in acquisition, exploration, and development of uranium and vanadium, gold, and other mineral resource properties. The company has made a strategic shift towards clean energy fuels, such as uranium. The decision comes as a result of an extensive evaluation of opportunities to drive shareholder value.   "The strategic shift towards clean energy fuels, such as uranium, comes as a result of an extensive evaluation of opportunities to drive shareholder value. The current market fundamentals for uranium, highlighted by multi-decade highs in spot uranium prices coupled with a systemic market supply shortage, highlights the prospectivity of uranium projects and reinforces the decision to gain exposure to this market." CEO Jeremy Poirier The U.S. will Desperately Need More Uranium to Fuel the Country's Nuclear Power Goals! Russia is home to the world's largest uranium enrichment complex--accounting for almost half the global capacity. In December of 2023, the U.S. House of Representatives passed a ban on imports of Russian uranium.  It's time to look within the U.S. for solid supplies of uranium.   As nuclear power gains steam, uranium mining, and its impacts may grow in the West in states like Wyoming and Utah. Billionaire Bill Gates and his 10-year-old energy company  TerraPower are planning their first cutting-edge nuclear power plant in Kemmerer, Wyoming. "Nuclear energy, if we do it right, will help us solve our climate goals. That is, get rid of the greenhouse gas emissions without making the electricity system far more expensive or less reliable," Gates told ABC News.   The Cree East Project in the Athabasca Basin The Cree East project is comprised of 17 contiguous mineral claims covering an area of 57,752 ha (223 square miles) of highly prospective terrain in the eastern Athabasca Basin with extensive historical exploration.  The Project has been extensively explored, with over $20 million in exploration expended since 2006, which has led to the delineation of multiple zones of uranium mineralization associated with graphitic conductors and large hydrothermal alteration halos, both in basement and sandstone environments, at depths ranging from 100 metres to 450 metres below the surface. "We are able to leverage the extensive historical dataset which not only significantly expands our understanding of the project but also allows us to expedite our exploration plans to include geophysics and drilling in 2024." - Jeremy Poirier, CEO  Highlights: The company has entered into an LOI with CanAlaska Uranium Ltd. dated as of January 19th, 2024 evidencing the parties' intent to negotiate and enter into an option agreement pursuant to which Nexus will acquire up to a 75%-interest in the Cree East uranium project. Exploration to date has delineated multiple zones of uranium mineralization associated with graphitic conductors and large hydrothermal alteration halos. The uranium is found in basement and sandstone environments, at depths ranging from 100 metres to 450 metres below surface. Two high-priority exploration targets have been identified, Zone A and Zone B, where uranium has been discovered above and below the unconformity, at approximately 400 metres depth (source: 16 October 2013 NI 43-101 Technical Report on the Cree East Project, Athabasca Basin, Saskatchewan, Canada prepared by Gary Yeo, PhD, P.Geo and Patty Ogilvie-Evans, BSc, P.Geo, published on SEDAR+ by CanAlaska Uranium Ltd.). A New Uranium Boom in Utah   Utah is the third-largest uranium-producing state in the U.S., having a cumulative production of about 130 million pounds of uranium oxide (U3O8).    Production came to a halt in the early 1990s due to low uranium prices, but a resurgence in the market may be bringing a new period of uranium exploration and production to Utah! Nexus Uranium Corp. (OTC: GIDMF) is Zooming in on Utah Where a Promising Uranium Project Could Quickly Put the Company on the Map!   The Wray Mesa Project   Large 6,282-acre land package in the heart of the prolific Uruvan mining district in Utah Extensive historical drilling of over 500 holes defining multiple mineralized zones Contiguous (or Adjoins) Energy Fuel's (EFR-T, UUUU-NYSE) fully-permitted and production-ready La Sal Project Fully permitted exploration program for up to 49 holes on multiple mineralized bodies The property is accessible via Utah State Highway 46 and unpaved Forest Service Roads, with access to power, and water and proximal to the town of La Sal.  The property is contiguous to and adjoins Energy Fuel Inc.'s fully-permitted and production-ready La Sal project which includes a number of past-producing uranium and vanadium mines (production of 550,000 lbs U3O8 in 2012) The La Sal project is host to measured and indicated resources of 4.1 Mlb of uranium (U3O8) plus 21.5 Mlb of vanadium (V2O5) plus Inferred resources of 0.4 Mlb of uranium plus 1.9 Mlb of vanadium (source: Technical Report on the La Sal District Project, prepared for Energy Fuels Inc. by D.C. Peters and dated March 25, 2014.).  While GIDMF cautions investors that the presence of mineralization at the La Sal project is not necessarily indicative of similar mineralization at the Wray Mesa project, this is still an exciting area to explore. There is potential for a tremendous uranium discovery! Here's why: Uranium and vanadium production in the district dates back to the early 1900's with the majority of the production derived from the Upper Salt Wash Member of the Morrison Formation (the 'Formation'). Work by previous operators discovered multiple areas of uranium-vanadium mineralization in the same geologic formation that accounted for the majority of production in the district (Upper Salt Wash Member of the Morrison Formation). Mineralization on the property occurs at depths of 500 to 750 feet with the drill-defined mineralization ranging from 25 to 75 feet. Mineralization is typical sandstone-hosted tabular deposits wherein the uranium occurs in reduced and altered sandstones and sandstone-mudstones in major stream channels in the Formation. Historical work dates back to Atlas Minerals and Pioneer Uravan in 1976 to 1983, who drilled a total of 495 exploration holes (of which logs for 193 holes totaling 137,510 feet or 41,913 metres were preserved), and Homeland Uranium in 2007-2008 who drilled 15 holes. Note: some of the historical drilling was on 3rd party claims not currently owned. Past exploration was primarily focused on the Dylan, Ajax, Whiskey and Carlin targets. All of the mineralized areas are open to expansion. Historic drill data is not available for Carlin: Ajax: most heavily drilled and tightest spacings with some holes 25 to 50 feet apart. A total of 164 historic holes drilled which defined mineralization a 1,200 by 25-75 metre area. Thirty (30) holes returned grades in excess of 0.1% eU3O8. Dylan: best defined with drilling on a 100 by 100-foot grid. Thirty-nine holes were drilled in 1976 to 1983 with follow-up drilling in 2007 which defined mineralization over a 500 by 40-100 metre area. Seven (7) holes returned grades in excess of 0.2% eU3O8, with highlight grades of 2.5% eU3O8 over 2.6 feet. Whiskey: A total of 29 holes drilled at 100-foot spacings with a number of holes intersecting significant mineralization and defining an area of 400 by 10-70 metres. Highlights of drilling included 0.98% eU3O8 over 5 feet. Further follow-up and more systematic drilling is required. Carlin: While complete historical records are unavailable, based on limited data mineralization was defined over a 150 by 20-70 metre area. The Opportunity Elon Musk has a straightforward answer to our energy problems: build more nuclear power plants. "Countries should be increasing nuclear power generation. It is insane from a national security standpoint and bad for the environment to shut them down," said the Tesla CEO. The world is in a looming energy crisis and nuclear power is anticipated to be one of the biggest keys to achieving net zero.  The problem is that nuclear power must TRIPLE to meet the Paris Accord 1.5°C goal! Why is net zero important? Science indicates that to avert the worst impacts of climate change and preserve a livable planet, global temperature increase needs to be limited to 1.5°C above pre-industrial levels.  Currently, the Earth is already about 1.1°C warmer than it was in the late 1800s, and emissions continue to rise. To keep global warming to no more than 1.5°C  – as called for in the Paris Agreement  – emissions need to be reduced by 45% by 2030 and reach net zero by 2050. This is not that far away! Currently m ore than 140 countries, including the biggest polluters – China, the United States, India, and the European Union – have set a net-zero target. This covers roughly 88% of global emissions .  Along with these countries, more than 9,000 companies, over 1000 cities, more than 1000 educational institutions, and over 600 financial institutions have joined the Race to Zero, pledging to take rigorous, immediate action to halve global emissions by 2030. During the most recent World Climate Action Summit of the 28th  Conference of the Parties to the U.N. Framework Convention on Climate Change, more than 20 countries from four continents launched the Declaration to TRIPLE Nuclear Energy! Core elements of the declaration include working together to advance a goal of tripling nuclear energy capacity globally by 2050 and inviting shareholders of international financial institutions to encourage the inclusion of nuclear energy in energy lending policies.    What does uranium have to do with all of this? Uranium is the fuel most widely used by nuclear plants for nuclear fission. It is set to be a key commodity in the worldwide transition towards clean energy solutions.  Several countries are moving away from fossil fuels, and nuclear energy powered by uranium is one alternative to generate power.  Most of the world's attention is often on solar and wind power for renewable and emissions-free energy generation. The problem is that the fundamental nature of these technologies leaves them vulnerable to the structure of the modern-day energy demand. Global energy and electricity requirements require 24/7 continuous power, and higher wattage during peak hours. Among nuclear, wind, and solar, nuclear is the ONLY power generation platform that provides a financial benefit after setup and operating costs are factored in. Unlocking Value with Gold Gold is in a bull market. The metal  had a strong 2023, defying expectations amid a high-interest rate environment, and outperforming commodities, bonds, and most stock markets.  In addition to the Wray Mesa uranium project, GIDMF also has a precious metals portfolio that includes the Independence Gold Project in Nevada. The USA is the 5th largest gold-producing country with Nevada accounting for over 75% of US production! Independence adjoins Nevada Gold Mines Phoenix Mine, a Barrick Gold (ABX-T, GOLD-NYSE) and Newmont (NGT-T, NEM-NYSE) joint-venture!! Comprised of 640 acres of claims in the Battle Mountain mining district of Northern Nevada, located entirely with the Phoenix Mine permitted Plan of Operations Phoenix mine is operated by Nevada Gold Mines, a joint-venture between the world's largest gold producers: Barrick Gold and Newmont Corp.  Nexus owns 51% of the project and is the operator (10% operator fee) Previous Exploration: NI 43-101 RESOURCE & PEA ON STARTER OPERATION  Significant Mineral Endowment:  334,300 oz Au M&I plus 847,000 oz Au Inf with a significant silver credit  PEA focused on the near-surface resource with a low-cost / low-CAPEX heap-leach operation:  Production of 195,443 oz gold plus 1,281,420 oz silver at AISC of US$1,078 and after-tax NPV5% of US$45 million and IRR of 22% at US$1,799/oz gold and US$22.47/oz silver. In Summary… Amidst a flurry of Wall Street excitement over rising uranium prices, Nexus Uranium Corp. (OTC: GIDMF) has a b road focus on the exciting Wray Mesa Uranium project in Utah! The project is already next to an existing miner! The Wray Mesa Uranium project is set to see many catalysts in 2024 including finalizing the exploration drill program, and results from the drill program! DRILL PERMITS ARE IN HAND!! With the LOI to acquire 75% of the Cree East Uranium Project in the prolific Athabasca Basin, this also makes it an ideal time to be paying attention! Both physical uranium and uranium stocks have outperformed other asset classes including U.S. bonds, U.S. equities, and the U.S. dollar, over the last five years as seen below: Hedge funds are pouring money into uranium stocks as they bet on a nuclear-powered future. The price of uranium has risen by a whopping 300% since the end of 2020, and uranium ETF assets grew twenty-fold in the same time, according to Bloomberg Intelligence. According to the International Energy Administration, an estimated $40 billion has been invested into nuclear power every year for the past six years. That number needs to more than triple to reach the $125 billion annual investment required to meet net-zero emissions by the middle of this century. "Uranium sentiment is on the rise as major economies like China, India, the U.S. and Europe expand their nuclear power capacities and advocate for nuclear energy as a reliable and sustainable power source," says Roberta Caselli,  commodities  research associate at Global X ETFs. "Nuclear is key to the energy transition as it ranks among the cleanest methods of producing electricity. Nuclear is more reliable than other sources as it operates at full capacity around 94% of the time." Uranium is the fuel for the nuclear power industry. The volatile prices of fossil fuels and the continued need for reliable on-demand electricity, have spurred a resurgence of interest in nuclear power. That has investors looking for the best uranium stocks and ETFs. The supply and demand gap has ignited an explosion in the price of uranium. Now the question is, which companies will stand to capitalize? Investing in uranium is going nuclear and Nexus Uranium Corp. (OTC: GIDMF) may be a phenomenal choice for exposure to the nuclear future.  A very low market cap and a very tight share structure make this an ideal time to put the stock on your radar!       Disclaimer We are engaged in the business of advertising and promoting companies. All content on our website is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a solicitation of the purchase or sale of any securities. Neither the owner of Huge Alerts nor any of its members, officers, directors, contractors or employees are licensed broker-dealers, account representatives, market makers, investment bankers, investment advisers, analyst or underwriters. 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Income Disclaimer Testimonials and examples used here are exceptional results which may not apply to the average purchaser. They are not intended to represent or guarantee that anyone will achieve the same or similar results through our service. The use of our information should be based on your own due diligence, and you agree that our company is not liable for any success or failure of your business that is directly or indirectly related to the use of our information. As with any business, your results may vary, and will be based on your individual capacity, business experience and expertise. There are no guarantees concerning the level of success you may experience. Income statements made by our customers are only estimates of what they have earned; there is no guarantee that you will make these levels of income. When using our information you accept the risk that these earnings and income statements differ by individual. There is no assurance that examples of past earnings can be duplicated in the future. There are unknown risks in business and on the internet that we cannot anticipate which can reduce results. We therefore cannot guarantee your future results or success, and are not responsible for your actions.Huge Alerts has been retained by Nexus Uranium (OTC:GIDMF) to perform promotional and advertising services for a limited time with respect to the company we are profiling or discussing on this website and in exchange for such services has received cash compensation from Nexus Uranium (OTC:GIDMF). Questions regarding this website may be sent to editor@hugealerts.com Huge Alerts has been compensated by Nexus Uranium (OTC:GIDMF) for the total sum of $300,000.00 This agreement is for the marketing of Nexus Uranium (OTC:GIDMF)which services include the issuance of this release and other opinions that we release concerning of Nexus Uranium (OTC:GIDMF). Huge Alerts has not investigated the background of Nexus Uranium (OTC:GIDMF)) the hiring party, or Nexus Uranium (OTC:GIDMF) Anyone viewing this newsletter should assume Nexus Uranium (OTC:GIDMF)or affiliates of Nexus Uranium (OTC:GIDMF)own shares of the Nexus Uranium (OTC:GIDMF) which they plan to liquidate, and further understand that the liquidation of those shares may or may not negatively impact the share price. Huge Alerts has received this amount as a production budget for advertising efforts and will retain amounts over and above the cost of production, copywriting services, mailing and other distribution expenses as a fee for our services. As such, our opinion is neither unbiased nor independent, and you should consider that when evaluating our statements regarding Nexus Uranium (OTC:GIDMF)

 

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