Even though we believe Augusta Gold (TSX: G)'s largest gains will occur after the Bitcoin halving in 37 days, G is probably going to gain at least another 50% prior to the halving.
Check out this must-read Mining Weekly article by clicking here.
AngloGold Ashanti (AU) is going to spend $369 million to build the North Bullfrog gold mine as their "starter project" in Beatty, Nevada, the world's next Tier 1 gold district.
North Bullfrog only contains enough gold to operate the mine at full capacity of 117,000 oz per year for the first 5 years.
Average production for North Bullfrog's 13-year mine life will only be 62,000 oz per year.
Does anybody really believe AU is only going to operate North Bullfrog at production of 27,625 oz per year for the final 8 years?
G has well over 1 million oz of high-quality oxide gold directly to the south of North Bullfrog at their past producing Bullfrog gold project with the roads and pit ramps already in place!
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.
Preparing Americans for Hyperinflation
