Augusta Gold (TSX: G) will be the #1 most profitable investment that NIA's President has ever made in history. Unfortunately, some people are too short sighted, looking at their iPhone 24/7 trading in and out of stocks based on emotions. The only way to make a fortune on G is to accumulate on dips and hold until it reaches a fair valuation. Some people feel smart that they entered at $1.23 per share and took profits at $2.40 per share. Afterall, from NIA's initial suggestion of G at $1.23 per share to its high on May 27th of $2.40 per share it was the #1 largest percentage gainer on the entire TSX exchange. The unfortunate reality is, people who took profits at $2.40 per share... won't be smart enough to reenter prior to it hitting new 52-week highs. After G returns to $2.20-$2.30 per share, people who took profits at $2.40 per share will regret not reentering at $1.73 per share and will stubbornly wait for another dip to take place only to watch G explode as soon as it surpasses $2.40 per share. They will most likely reenter somewhere in the $3-$5 range, which will still be good for them because it's going much higher than $5, but the reality is... now is the time to buy when it's cheap.
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.