Genie Energy (GNE) hit a new all-time high this morning of $18.18 per share for a gain of 234.19% since NIA's suggestion at $5.44 per share!
Gold is looking very strong this morning. After a record 37 months of outflows from GLD, we are about to see the resumption of GLD inflows combined with a short squeeze in the futures+options market that will take gold to new all-time highs.
Augusta Gold (TSX: G) stands out among all small-cap gold exploration companies for these reasons: 1) Fully permitted gold project: it takes many years and costs US$30 million to get permitting for a Nevada gold project. 2) Location: The Beatty District is the #1 most active district for gold exploration/discovery and will be the world's largest new gold district to be developed in the upcoming years. Right now, only NIA is talking about it, but during the gold boom that is about to occur it will become the world's #1 most well-known and talked about gold district, which will cause Augusta Gold (TSX: G) to become among the world's most actively traded and well-known gold stocks. People will look back at today with astonishment that it was one time possible to buy Augusta Gold (TSX: G) shares at a market cap of less than $100 million. 3) Management: Every time the Augusta Group builds a precious metals company it becomes a billion-dollar market cap company 100% of the time. Ventana Gold sold for $1.6 billion. Wildcat Silver/Arizona Mining sold for $2.1 billion. Equinox Gold hit a peak market cap of $4 billion. Equinox Gold spin-off Solaris Resources is only a copper company but hit a peak market cap of $2 billion.
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. This message is not a solicitation or recommendation to buy, sell, or hold securities. 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.