Gold is getting ready to surpass $3,000 per oz!
Goldshore (TSXV: GSHR) has so far only reported 3,000m of the 15,000m drilling program they are currently doing. The CEO said in his interview from PDAC that he anticipates new drilling results every two weeks or so. GSHR last reported drilling results on March 3rd. G-Mining is currently working on a PEA for their Moss Gold Project in Ontario.
Eric Sprott who recently increased his Borealis Mining (TSXV: BOGO) stake said in his interview from PDAC that he has never seen a time where so many companies are trading for 1/10th of their after-tax Net Present Value (NPV). BOGO just closed on its acquisition of Gold Bull Resources for approximately US$6 million worth of shares for its formerly Newmont owned Sandman Gold Project, and the Gold Bull Resources 2023 PEA showed an after-tax Net Present Value (NPV) at $3,000 per oz gold of US$424.1 million. Newmont was going to use Sandman to supply ore for a nearby mill that was unused, but their Nevada Gold Mines joint venture with Barrick gave them new use of the mill and they didn't need to develop Sandman anymore. BOGO's main focus right now is starting its stockpile crushing exercise at Borealis! Its stockpile is 330,000 tonnes and their fully permitted leach pad is directly adjacent to the stockpile. This is a baby step towards full commercial production. BOGO doesn't have a clear timeline for full production but is hoping for late-2025, meaning actual blasting and hauling of ore from the fully permitted areas of the Borealis Mine.
Richard Warke has just purchased more shares of NIA's Augusta Gold (TSX: G)! Only Augusta Gold (TSX: G) owns a fully permitted gold project in a brand-new Tier 1 Nevada gold district (the largest new gold district discovered in North America in over a decade) that is about to be developed! All of the surrounding gold deposits have already been acquired by AngloGold Ashanti (AU)!
Richard Warke's Highlander Silver (CSE: HSLV) has so far gained by 27.14% since NIA's February 12th suggestion at $1.40 per share!
NIA's #1 favorite AI stock suggestion One Stop Systems (OSS) gained by 11.54% on Friday and reports 4Q results in the pre-market on Wednesday!
The Shanghai Composite is continuing to breakout big, which is very bullish for NIA's Trio-Tech International (TRT)!
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 has received compensation from GSHR of US$30,000 cash for a three-month marketing contract. NIA has received compensation from BOGO of US$100,000 cash for a twelve-month marketing contract. NIA's President has purchased 224,200 shares of G and intends to buy more shares. NIA's President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. This message is meant for informational and educational purposes only and does not provide investment advice.