Power Nickel (TSXV: PNPN) is up by 10.83% this morning to $1.74 per share for a gain of 673.33% since our suggestion at $0.225 per share after announcing a “best efforts” private placement offering for a total of 14,135,000 Quebec flow-through shares, at a price of C$2.83 for each FT Share, for the aggregate proceeds of approximately C$40 million. These funds are typically spent on drilling!
We actually prefer Goldshore (TSXV: GSHR)'s intercepts like they announced three weeks ago of 79m of 1.28 g/t gold because they lead to more successful mining operations. We look forward to GSHR's next announcement of drilling results later this month!
Augusta Gold (TSX: G)'s Reward Gold Project is 100% oxide gold for low-cost heap leaching and fully permitted for construction/production! Buyout coming soon!
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. NIA has received compensation from PNPN of US$50,000 cash for a six-month marketing contract. NIA has received compensation from GSHR of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.
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