October 21, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
Nova Minerals Hits High-Grade Gold at RPM Deposit, Estelle Project in Alaska
 
Nova Minerals (Nasdaq: NVA) announced more high-grade gold intercepts from its 2024 drilling program at the RPM deposit within the Estelle Gold-Antimony Project in Alaska. Highlight results include 39m at 5.4 g/t Au from surface, extending the high-grade gold zone to the surface. These results support the ongoing Feasibility Study for a low-capex, high-margin starter mine. Nova plans to release more drill results and resource updates, aiming to establish early cash flow for broader expansion across its 500km² flagship project.
 
 
 
 
 
 
 
 
Gorilla Technology Launches Game-Changing Intelligent Network Director
 
Gorilla Technology Group (Nasdaq: GRRR) has unveiled its Gorilla Intelligent Network Director, a revolutionary platform designed to simplify and secure network infrastructure for businesses of all sizes. Combining intelligent automation, real-time monitoring, and hybrid agility, this platform enhances productivity and ensures seamless connectivity. With built-in security features and scalable deployment, Gorilla’s solution offers businesses unmatched control and adaptability. Now available for Proof of Concept trials, the Intelligent Network Director aims to set new benchmarks in networking ahead of its full release in late 2025.
 
 
 
 
 
 
 
ASP Isotopes Enriches Ytterbium-176 Ahead of Schedule, Prepares for Commercial Sales in 2025
 
ASP Isotopes (Nasdaq: ASPI) has successfully enriched Ytterbium-176 during the early commissioning phase of its first Quantum Enrichment facility. Initially expected to take 3-6 months, the process was completed within six weeks, positioning the company to offer 99.75% enriched Ytterbium-176 for commercial sale by 2025. The enriched isotope is critical for producing Lutetium-177, used in cancer treatments. ASP Isotopes also plans to construct additional Quantum Enrichment plants for Nickel-64 and Lithium-6/7, further expanding its reach in healthcare and green energy markets. Samples will be available by Q1 2025.
 
 
 
 
 
 
 
 
 
 
GreenPower Delivers Four Electric School Buses, Plans Six More Near-Term Deliveries
 
GreenPower Motor Company (Nasdaq: GP) has delivered four all-electric, zero-emission school buses to Arizona, California, and West Virginia, with six more deliveries planned soon. This includes the first of 37 BEAST buses for West Virginia's Wyoming County School District and two buses to California's Garden Grove Unified School District. GreenPower’s BEAST and Nano BEAST models are designed for safety, zero emissions, and are eligible for various state and federal grants. With 126 live orders totaling $45 million, GreenPower's school bus demand continues to grow.
 
 
 
 
 
 
 
LOBO Reports Record Shipments and 254% Revenue Growth in September
 
LOBO EV Technologies (Nasdaq: LOBO) achieved record shipments in September 2024, with overseas sales volume up 108% year-over-year. The company delivered 2,800 e-bikes and 700 e-tricycles, driven by strong demand for new products and an expanding international customer base. Revenue from overseas surged 254%, reaching $0.8 million, showcasing LOBO’s growing global presence. CEO Huajian Xu attributed the success to LOBO’s innovative product line and strategic supply chain scaling. The company anticipates continued growth through the rest of the year.
 
 
 
 
 
 
 
Recent Research Coverage Updates
 
Company Rating Price Target Firm Report Date
ASP Isotopes (Nasdaq: ASPI) Buy $4.50 Cannacord Genuity October 4, 2024
LOBO EV (Nasdaq: LOBO) Buy $5 Zacks Small-Cap Research May 15, 2024
GreenPower Motor (Nasdaq: GP) Buy $1.65 Roth August 15, 2024
Enlivex Therapeutics (Nasdaq: ENLV) Buy $13 EF Hutton August 27, 2024
GreenPower Motor (Nasdaq: GP) Buy $3 RF Lafferty September 11, 2024
GreenPower Motor (Nasdaq: GP) Buy $5 Maxim July 2, 2024
GreenPower Motor (Nasdaq: GP) Hold n/a BTIG July 1, 2024
GreenPower Motor (Nasdaq: GP) Buy $3 Roth April 1, 2024
BioVie (Nasdaq: BIVI) Buy $3 ThinkEquity July 1, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $1 Ladenburg Thalman June 27, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $1 Rodman & Renshaw June 27, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $2 RW Baird May 14, 2024
Unusual Machines (NYSE American: UMAC) Buy n/a ThinkEquity June 17, 2024
Soligenix (Nasdaq: SNGX) n/a $4.15 Zacks Research June 14, 2024
Enlivex Therapeutics (Nasdaq: ENLV) Buy $6 HC Wainwright June 11, 2024
Sixty Degrees Pharma (Nasdaq: SXTP) Hold n/a HC Wainwright June 6, 2024
Sixty Degrees Pharma (Nasdaq: SXTP) Buy n/a Ascendiant May 21, 2024
American Resources (Nasdaq: AREC) Buy n/a HC Wainwright June 3, 2024
 
 
 
 
Small Stocks, Big Money™ Podcast
 
The podcast features in-depth interviews with CEO’s from the top names in small-cap stocks, providing listeners with a unique perspective not found anywhere else.
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Upcoming Events
 
 
21
 
 
Oct 2024
 
NASDAQ: PEV - Phoenix Motorcars
4:15pm Eastern
 
Phoenix Motor Inc is an electrification solutions provider for the commercial vehicle industry as well as other industries. It designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium-duty electric vehicles (EVs) and markets and sells electric vehicle chargers for the commercial and residential markets.
 
 
 
 
 
 
 
24
 
 
Oct 2024
 
NASDAQ: GRRR - Gorilla Technology Group
4:15pm Eastern
 
Gorilla Technology specializes in delivering AI-based IIOT solutions with an emphasis on security convergence and network defense, video analytics, and big data analytics applied across both public and private sectors.
 
 
 
 
 
 
 
Archived Events
 
 
17
 
 
Oct 2024
 
NASDAQ: NTRB - Nutriband Inc.
4:15pm Eastern
 
Nutriband Inc is primarily engaged in the development of a portfolio of transdermal pharmaceutical products.
 
 
 
 
 
 
 
15
 
 
Oct 2024
 
NASDAQ: AENT - Alliance Entertainment Holding
4:15pm Eastern
 
Alliance Entertainment is the global leader in physical media distribution, acting as the crucial gateway between major content producers and retailers.
 
 
 
 
 
 
Quote of the Week
 
"The single most important way we attempt to manage risk, in any environment, is by seeking to buy stocks very cheaply-we never want to pay too much."
— Bill Hench, The Royce Funds
 
 
RedChip TV
 
 
 
 
RedChip Highlights Calidi Biotherapeutics (NYSE AMERICAN: CLDI) & Gorilla Technology (NASDAQ: GRRR)
 
 
 
 
 
 
 
Order "Small Stocks, Big Money™ Today!
 
Dave Gentry's new book, Small Stocks, Big Money: Interviews With Microcap Superstars, is now available for pre-order. Published by Wiley Finance, this first-hand perspective and insider information on the fast world of microcap investing is now available for purchase.
 
 
 
 
 
 
 
Lesson of the Week
 
Leadership makes or breaks companies.
 
 
 
 
 
 
 
MidSouth Week in Review
 
Gold trading at yet another record-high above $2,700 and closed at $2,735 for the first time.