Even though we know that North Peak Resources (TSXV: NPR)'s newly acquired Prospect Mountain Mine Complex had average gold grades of 22 g/t in its historical production, which is higher than the average gold grades of 21 g/t produced by the Macassa Mine that NPR's CEO Brian Hinchcliffe acquired for Kirkland Lake Gold when he founded the company in 2001 prior to Kirkland Lake Gold being acquired in 2021 for $13.5 billion, the fund managers that are about to invest tens of billions of dollars into gold mining/exploration stocks over the next few months won't know this.
The tens of billions of dollars that are about to flow into the gold mining/exploration space will come from fund managers who don't have 1/100th of the experience we have in researching gold mining/exploration companies... and they might assume that NPR's Prospect Mountain only contained high grade oxide gold that has already been mined. They won't understand how the anomaly NPR has discovered under the historical workings using multiple types of modern technologies never before used on the property... is identical to the anomalies that were discovered north of NPR on the properties now owned by i-80 Gold (TSX: IAU), which led to them discovering high grade polymetallic carbonate replacement (CRD) in the form of massive and semi-massive sulphide mineralization.
These fund managers will be much more comfortable investing into Augusta Gold (TSX: G), because they will know for a 100% fact from AngloGold Ashanti (AU) that the Beatty Gold District is about to be developed and there is nothing else of this size anywhere in the world that can be mined through low-cost heap leaching!
Augusta Gold (TSX: G)'s valuation will be driven up by 1,000%+ in the upcoming months from institutions investing tens of millions of dollars.
North Peak Resources (TSXV: NPR) will be driven 500%+ higher by retail investors.
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 60,000 shares of NPR in the open market and intends to buy more shares. 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.