Augusta Gold (TSX: G) insiders are buying big.
We know for sure from their Feasibility Study that their Reward Gold Project is worth US$163.5 million at $2,600 per oz gold.
We know for sure that their adjacent Bullfrog Gold Project has more than triple the gold resources of Reward.
Even if we very conservatively value the Bullfrog Gold Project at only US$163.5 million like Reward even though Bullfrog has 3X+ more gold it equals an enterprise value for the company of US$327 million or CAD$441 million.
Even after the repayment of all debt the company is worth at least $4.75 per share.
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.
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