Augusta Gold (TSX: G)'s 52-week high is $1.26 per share. As soon as it breaks $1.26 per share, it will be added to countless radar screens for hitting a new 52-week high, which will give it the momentum it needs to break through $1.43 per share.
Augusta Gold (TSX: G)'s most important long-term key breakout point is $1.43 per share. As soon as it breaks through $1.43 per share it should very quickly surpass $2 per share within days and surpass its 2022 high of $2.40 per share at some point this month.
As long as Augusta Gold (TSX: G) gets to about $2.50 per share this month it most likely gets acquired in December for $5 per share or above. We will only get screwed with a low buyout price of $2.75-$3.25 per share if G fails to reach $2.50 per share this month.
It's a very fluid situation so it wouldn't be a surprise if a buyout actually occurs this month. We have no inside information, but we have enough publicly available information and experience to have a good idea of what is taking place behind the scenes at this moment.
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. 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.
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