Gold Up $26.97 to $2,696.50 Per Oz, We Need Dumb Money to Leave the Market

Gold is up by $26.97 today to $2,696.50 per oz!

There are too many stupid people investing in stocks and we need the dumb money to leave the market. For example, on October 30th we sent out an alert about how Austin Gold (AUST) hadn't yet discovered any gold, yet it was up by 336% for the year to a price of $3.10 per share. We explained in our alert, "the largest gaining gold stocks so far this cycle, won't be the largest gaining gold stocks a few months from now." Click here to see!

Thankfully, AUST has collapsed since our October 30th alert, and we are likely to see Augusta Gold (TSX: G) get acquired at a massive premium shortly.

Canadian Critical Minerals Inc (TSXV: CCMI) recently raised flow through money to do more drilling in the upcoming months. When CCMI did drilling in 2021 they discovered their highest gold grades to date when Drill Hole BRU 21-05 intercepted 4.9m of 1.71% copper, 17.60 g/t gold, and 11.80 g/t silver beginning at 104.8m.

On February 26, 2024, CCMI received an amended operating permit for its Bull River Mine. The amended Mine Permit M-33 provides authorization for CCMI to perform screening, crushing and sorting activities in addition to previous activities that include care and maintenance, exploration drilling and ground water well installation and monitoring.

This has allowed CCMI to begin generating revenue from its stockpile!

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 in the open market and intends to buy more shares. NIA has received compensation from CCMI of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.