Less than one month ago on February 28th, NIA sent out an alert saying, "Trump is becoming the natural resource President. If Zelensky wants protection he must give us all of their rare earth elements and other natural resources! If we buy Greenland, they also have some of the best rare earth element projects along with uranium, gold, zinc, and iron ore! We can't wait for Fort Knox next month! We predict an indecisive outcome that leaves more questions than answers and sends gold to new all-time highs of well above $3,000 per oz and causes Trump to push for America to reverse its rapidly declining gold production by developing new gold mines."
Although Trump hasn't yet gone to Fort Knox, he is already pushing for new gold mines to be developed with his move to expedite the permitting process of all U.S. gold mines!
If Trump doesn't go to Fort Knox, maybe it is because he has found out that something is wrong... and to make up for it he will push through the Pebble Mine of Northern Dynasty Minerals (NAK)?
We just checked and the BLM only has two pending Environmental Impact Statements (EIS) of new gold mines seeking permitting:
1) AngloGold Ashanti (AU)'s North Bullfrog Gold Project directly adjacent to Augusta Gold (TSX: G)'s past producing higher grade Bullfrog Gold Project in the Beatty Gold District (Bullfrog produced 2.3 million oz of gold when operated by Barrick Gold).
2) The Spring Valley Gold Project owned by Isser Elishis who Augusta Gold (TSX: G) purchased its fully permitted Reward Gold Project from in 2022 when gold fell to $1,725 per oz. The Net Present Value (NPV) of Reward at $3,000 per oz gold has already increased to a level 5x above the price Augusta Gold paid for the project, but it hasn't yet been priced into the stock. Augusta Gold (TSX: G) traded as high as $2.40 per share in 2022 when they purchased Reward but is currently trading for only $1.16 per share.
The list that Trump will receive one week from today of priority mining projects will most likely include 1) Pebble Mine, 2) North Bullfrog, 3) Spring Valley.
We expect a national discussion about the Pebble Mine to occur in the upcoming weeks/months and this could drive Northern Dynasty Minerals (NAK) upward by another 50%-100%.
The approval of North Bullfrog will most likely occur very quickly, and this will put a national spotlight on the Beatty Gold District. Augusta Gold (TSX: G) could very quickly double/triple in value. The Beatty Gold District is America's #1 largest undeveloped gold district that doesn't have any controversy (like Alaska's very tasty sockeye salmon).
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. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
