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Allegiant Gold Ltd V.AUAU

Alternate Symbol(s):  AUXXF

Allegiant Gold Ltd. is a Canada-based mid-stage precious metals exploration stage company. The Company’s activities are the exploration and evaluation of resource properties located in the United States of America. The Company's projects include Bolo, Eastside, Four Metals, Goldfield West, and Travertine Sinter (TS) Prospect. The Company also holds additional exploration and evaluation assets located in the United States, which are Browns Canyon and Overland Pass. The Bolo project is located approximately 60 kilometers (km) northeast of Tonopah, Nevada. The Eastside Project is located approximately 32 km west of Tonopah, Nevada. The Four Metals project is located in the Patagonia District 16 km north of Nogales, Santa Cruz County, Arizona. The Company holds a 100% interest in the Goldfield West project, which consists of 105 mineral claims, subject to a 2% royalty. The TS Prospect lies approximately 2.2 kilometers east of the eastern-most claims of the Eastside Prospect.


TSXV:AUAU - Post by User

Post by mercedesmanon Sep 03, 2021 11:33am
211 Views
Post# 33809308

I'm in !

I'm in !Most recent drill results are VERY impressive.  (listen to the interview from Aug 11 posted below)

Coupled with massive insider buying in the past three months from .35 to .47 - well over 1 M shares. I like when I can get in at prices lower than insiders (who are putting their money where their mouth is)

Coupled with a bad jobs report today in the US - meaning that the FED is a long way from rasing interest rates, all while inflation is heating up = negtive real rates  (ie. very good news for the PoG going forward)

Coupled with a safe jurisdiction (Nevada) and money to complete an ambitious drill program...

This one is a sleeper that likely will be going much higher...particularly on a good to great follow-up drilling program.

All IMHO

MM



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