Gold finished the month of November 2023 at $2,038.10 per oz, which is its highest monthly settlement price ever. The previous record monthly settlement price for gold was set seven months ago in April 2023 at $1,989.62 per oz.
Many NIA members have been taking profits on Daktronics (DAKT) in recent days and are beginning to accumulate the highest quality small-cap gold exploration stocks at current ground-floor prices.
By the time the general public takes notice of rapidly rising gold prices... some of our gold stocks will already be trading 5X higher than current share prices.
Augusta Gold (TSX: G) will most likely be our #1 largest overall percentage gainer from its current share price of $0.71 per share. Only G has a fully permitted gold project that will definitely go into production. One of the reasons we expect gold's bull run to continue until at least $5,000-$10,000 per oz is due to the extreme difficulty that all companies are facing when it comes to obtaining permitting to construct new gold mines. After gold surpasses $2,100 per oz, mid/large-sized gold producers will be willing to write checks for an unlimited amount of money to acquire fully permitted gold projects that can be constructed immediately. G is in the Beatty Gold District, which is North America's #1 largest new gold district! There are no other North American gold districts of this size that have any chance of being developed in the near future!
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. This message is not a solicitation or recommendation to buy, sell, or hold securities. 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.