Eric Sprott bought 3,571,400 shares of Borealis Mining (TSXV: BOGO) on February 26th at $0.56 per share increasing his stake to 7,571,400 shares.
Rob McEwen bought 1,785,700 shares of Borealis Mining (TSXV: BOGO) on February 26th at $0.56 per share increasing his stake to 15,233,853 shares.
Between Eric Sprott and Rob McEwen, they just bought $3 million worth of BOGO shares!
What matters most is not if they like a company, what matters is if NIA likes a company... and we like BOGO a lot!
We don't see insiders buying big in any other industry except gold mining/exploration stocks!
BOGO on March 3rd announced that it intercepted 4.48 g/t gold over 30.5 meters at its Borealis Project in Nevada!
This is a high-grade near-surface oxide gold intercept and BOGO has all the infrastructure required to launch heap leach gold mining operations!
BOGO gained by 3.77% today to $0.55 per share on strong volume of 685,720 shares!
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 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.
Preparing Americans for Hyperinflation
