Michael Saylor's MicroStrategy (MSTR) is down by 11.50% today as investors dump overvalued Bitcoin/Crypto stocks to load up on undervalued AI and gold stocks.
There is no possible bullish scenario for Bitcoin that would ever justify MSTR's insanely overvalued market cap.
Likewise, it is impossible to justify a valuation for Augusta Gold (TSX: G) of less than $5 per share based on current gold prices, and as gold continues to hit new all-time highs throughout 2024 it is extremely likely G will deserve to trade north of $10 per share later this year.
G has a management team/board that is in the same league as HealWELL AI (TSX: AIDX).
AIDX is executing better than any other team in the AI industry, and we expect to see this same type of execution from G's management team throughout 2024.
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 AIDX of US$50,000 cash for a six-month marketing contract. 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.