Triple Flag has just acquired NIA's Orogen Royalties (TSXV: OGN) for CAD$421 million for its 1% NSR Royalty in AngloGold Ashanti (AU)'s Expanded Silicon Gold Project in the Beatty Gold District of Nevada directly adjacent to Augusta Gold (TSX: G)'s Reward and Bullfrog Gold Projects.
On September 17, 2023, with Orogen Royalties (TSXV: OGN) at $0.70 per share, NIA sent out an alert saying, "At some point within the next 12 months, it would not surprise us if OGN gains another 42.86% to $1 per share and reaches a CAD$193 million market cap."
On May 24, 2024, NIA said, "NIA's prediction has already come true with OGN rising by 88.57% since NIA's September 17th alert to $1.32 per share! OGN probably has another 50%+ upside."
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 232,200 shares of G and may purchase more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
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