Here is a year-to-date chart of Augusta Gold (TSX: G) vs. Blackrock Silver (TSXV: BRC) they were following exactly the same chart pattern and BRC has exploded in recent days. The same exact thing is about to happen to Augusta Gold (TSX: G) it will hit new 52-week highs within days. The market cap of Augusta Gold (TSX: G) will be significantly higher than Blackrock Silver (TSXV: BRC) in the upcoming weeks.
Reminder:
Augusta Gold (TSX: G) has "initiated a strategic review process to evaluate alternative opportunities to maximize shareholder return."
"The strategic alternatives review could include, among other things, a joint venture transaction, a sale of the Company, the Project, or all the assets of the Company, a merger or other business combination, or another form of strategic transaction."
Worst case scenario if we are wrong and Augusta Gold (TSX: G) isn't acquired for $3-$5 per share in cash before year-end, whatever alternative strategic transaction or joint venture they do will likely have the same effect on the share price so it won't matter.
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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