OGN Exploding to New 5-Year Highs, Augusta Gold (TSX: G) Is Next

Orogen Royalties (TSXV: OGN) gained by 2.60% today to a new 5-year high of $0.79 per share.

OGN's flagship asset is a 1% NSR royalty in AngloGold Ashanti (AU)'s Expanded Silicon/Merlin Project in the Beatty Gold District.

Augusta Gold (TSX: G) is the second largest owner of gold resources in the Beatty Gold District after AU. In all likelihood, AU will acquire G for $5+ per share to finish consolidating the Beatty Gold District. This is our prediction.

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.