With gold up by $24.59 this morning to $2,648.41 per oz the TSX Venture Composite Index is the world's #1 largest gaining market this morning with a gain of 2.58% to 613.28!
Augusta Gold (TSX: G) has a high likelihood of being acquired for a triple digit premium any day now.
After Augusta Gold (TSX: G) gets acquired, Borealis Mining (TSXV: BOGO) will be one of only two remaining publicly traded small-cap gold explorers with a fully permitted gold project in Nevada.
BOGO already has the infrastructure in place for a heap leach gold mining operation at its Borealis Mine in Nevada:
BOGO Chairman Tony Makuch was the CEO of Kirkland Lake Gold at the time it got acquired by Agnico Eagle (AEM) for $11 billion and he was the initial post-merger CEO of AEM.
BOGO's #1 largest shareholder Rob McEwen was previously the Founder/CEO of Goldcorp and took its market cap from $50 million up to over $8 billion.
BOGO's Sandman Gold Project being acquired with Gold Bull Resources (TSXV: GBRC) is a former Newmont Mining (NEM) gold project.
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 BOGO of US$100,000 cash for a twelve-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.