Market Beginning to Revalue Gold Stocks with Near-Term Production

The market is beginning to revalue gold development companies with near-term production potential. 

G Mining (TSX: GMIN) hit a new all-time high on Thursday of $2.12 per share and is up by 112% from one year ago vs. VanEck Gold Miners ETF (GDX) up by only 1.91%.

Augusta Gold (TSX: G) will be the next gold development company to be revalued higher like GMIN has been.

GMIN has a market cap of $949.24 million with total gold reserves/resources of approximately 4 million oz.

The Beatty Gold District in Nevada will be approximately 5X larger than GMIN's gold development project in Brazil.

G's upside potential is many times larger than GMIN.

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.