Augusta Gold (TSX: G) gained by 3.38% today to $1.53 per share!
G's current market cap is only US$88.94 million when G owns the two most advanced gold projects in the Beatty District of Nevada!
AngloGold Ashanti (AU) is consolidating the entire district and just acquired the Crown/Sterling Project for US$150 million in cash, which only has an inferred resource!
Earlier this year, AU acquired the 80.5% of Corvus Gold it didn't already own for US$370 million in cash valuing all of Corvus at US$460 million for its Beatty District assets!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 174,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.