Augusta Gold (TSX: G) gained by 8.45% today to $0.77 per share!
AngloGold Ashanti (AU) gained by 4.16% today to a new four-month high of $20.05 per share, but G is a much better company because it is the only pure Beatty District gold stock vs. AU having many depleting gold assets around the world as they transition to focusing all of their efforts on developing the Beatty Gold District.
AU will end up owning G, but we believe they will eventually wind up paying at least 10-20X higher than G's current share price for their 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 224,200 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.