Gold is up by $32.90 today to $2,665.84 per oz.
Augusta Gold (TSX: G) Executive Chairman Richard Warke added massively to his position last year at $1.33 per share and purchased his initial stake four years ago at $1.20 per share. There is no chance of the company being sold for anywhere near its current share price!
Augusta Gold (TSX: G) launched its strategic alternatives review on September 5th. Its office is closing on January 1st. Their debt was extended through April 30th to allow for four months for a buyout to close.
In our opinion, Augusta Gold (TSX: G) is likely to sell for 100%-300% above its current share price before year-end.
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. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
