Borealis Mining (TSXV: BOGO) gained by 7.58% today to $0.71 per share. BOGO has already gained by 29.09% since NIA's March 6th alert at $0.55 per share about Eric Sprott and Rob McEwen buying more shares!
In our opinion, the only thing equally compelling to Augusta Gold (TSX: G) having a fully permitted gold project in North America's #1 largest newly discovered gold district that is about to be developed by AngloGold Ashanti (AU) is BOGO having a fully permitted gold project with all of the infrastructure in place for heap leaching plus BOGO has acquired Gold Bull Resources the company we ranked in 2023 as our #2 favorite overall stock suggestion due to its formerly Newmont owned Sandman Gold Project.
Similar to how Augusta Gold (TSX: G) Executive Chairman Richard Warke is the largest shareholder of our Highlander Silver (CSE: HSLV) one of the largest gaining mineral exploration stocks in recent history...
BOGO Chairman Tony Makuch is CEO of our Discovery Silver (TSXV: DSV), which is also one of the largest gaining mineral exploration stocks in recent history.
Augusta Gold (TSX: G) and BOGO only have one publicly traded peer with a fully permitted gold project in Nevada, West Vault Mining (TSXV: WVM).
WVM is also a great company, but our guess is Augusta Gold (TSX: G) gets acquired at a massive premium well prior to WVM (but WVM will also be acquired at some point) due to its much better location. WVM doesn't have infrastructure like BOGO.
BOGO's CEO has said that they will not be acquired but they may make more acquisitions.
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 and intends to buy more shares. NIA's President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. NIA has received compensation from BOGO of US$100,000 cash for a twelve-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.