Highlander Silver (CSE: HSLV) gained another 1.55% yesterday to a new all-time closing high of $1.96 per share where it has so far gained by 40% since NIA announced HSLV as its latest brand-new stock suggestion on February 12th at $1.40 per share.
Gold is up to a new all-time high this morning of $3,135 per oz.
Augusta Gold (TSX: G)'s Reward Gold Project Feasibility Study showed an after-tax Net Present Value (NPV) at US$2,600 per oz gold of US$163.5 million and the NPV increases by US$36.6 million for every $200 per oz increase in the price of gold. With gold at $3,135 per oz, Reward's current after-tax NPV is US$261.405 million or 2.91x its initial CAPEX of US$89.90 million.
From our experience, when a fully permitted gold project sees its after-tax NPV reach a level of 3x its initial CAPEX it almost always gets built nearly 100% of the time! Augusta Gold (TSX: G)'s Reward is very close to being there!
Augusta Gold (TSX: G)'s Bullfrog Gold Project is 3x larger than Reward and AngloGold Ashanti (AU)'s directly adjacent North Bullfrog is scheduled to be the next U.S. gold mine project to receive permitting for construction!
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 125,000 shares of HSLV and can buy or sell shares at any time. 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
