NIA's #1 top pick for 2024 Augusta Gold (TSX: G) is backed by billionaire Richard Warke and his gold company during the last gold boom of 2011 was called Ventana Gold, which gained by 10,000% and got acquired for $1.6 billion (the buyer paid $1.5 billion for the 90% of Ventana Gold it didn't already own). In late-2014, a few months after Richard Warke's Augusta Resource Corporation gained by 607% in ten months and got acquired for US$550 million or CAD$667 million, NIA sent out the following report announcing his silver company Wildcat Silver as our new #1 top pick at a market cap of $54.76 million:
Wildcat Silver changed its name to Arizona Mining because its project also contained high-grade zinc in addition to silver. Arizona Mining was then acquired by South32 for $2.1 billion after gaining by 1,576% from NIA's suggestion price! Meanwhile, Richard Warke was silently building a new small-cap publicly traded company called Catalyst Copper, which would acquire a fully permitted gold project in California and change its name to NewCastle Gold. After gaining by over 1,000%, NewCastle Gold merged with another company to form Equinox Gold (TSX: EQX), which hit a peak market cap of $4.34 billion. EQX spun off its copper assets into Solaris Resources (TSX: SLS) with its shares being distributed to EQX shareholders for free and it hit a peak market cap of $1.87 billion.
Augusta Gold (TSX: G) acquired a fully permitted gold project in Nevada last year called Reward which is adjacent to G's much larger past producing Bullfrog Mine inside of North America's #1 largest newly discovered gold district the Beatty District of Nevada, which will be the only large new gold district to be developed in North America this decade! As soon as G is trading in the $5-$10 range within the next few months, G will be raising enough capital to bring Reward into production as it completes the permitting process at Bullfrog, which will be very easy to obtain permitting for in 2024 now that the BLS has finished approving the permitting of Nevada Gold Mines' Goldrush Project. Remember that Barrick is a major investor in both Nevada Gold Mines and Augusta Gold (TSX: G)!
Richard Warke is using the same exact strategy for G that allowed him to build his last $4.34 billion gold miner!
The key is getting into G as early as possible because once things start happening the repricing will occur immediately!
NIA's latest brand-new stock suggestion Almadex Minerals (TSXV: DEX) has a high-grade zinc/silver project of its own like Arizona Mining/Wildcat Silver had but DEX's Logan Project is in the Yukon. DEX's Logan Project is smaller than the deposit Arizona Mining had but Logan remains open along strike and at depth!
DEX is beginning to explore in both Nevada and Arizona yet is currently trading for below cash! DEX owns many NSR royalties!
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.