Gold is up by $48.15 today to $2,611.02 per oz.
A buyout of Augusta Gold (TSX: G) has 95% chance of occurring before year-end and it will most likely be for well above $3 per share.
Nobody owns any G shares at these prices. G conducted its financings at $1.71 and $2.25 so it won't take much volume to surpass $2 per share very quickly in the days ahead.
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.