Interesting view National Inflation Assocation - excerpt The question is... what small-cap companies have a fully permitted gold project that can be constructed and enter production within nine months of a final construction decision to capitalizeon gold's imminent rise to $2,500 per oz+ within months and $4,493.90 per oz within years?
Augusta Gold (TSX: G) does with its Reward Project. G's acquisition of Reward two years ago will be looked back at as one of the most genius acquisitions in history. They paid only $100 per oz of gold resources for a fully permitted gold project located in the #1 largest newly discovered U.S. gold district. Reward is most likely already worth $500+ per oz of gold resources to a company like AngloGold Ashanti (AU).
When G acquired Reward nobody could have imagined that Merlin would be discovered by AngloGold Ashanti (AU) 18 months later directly adjacent to Reward, which is America's #1 largest new gold discovery in well over a decade.
As investors begin to research gold stocks in the upcoming weeks for the first time in years, which small-cap gold stock are they most likely to load up on? Augusta Gold (TSX: G)
Not only can Reward be constructed immediately pending financing that G will raise as soon as the stock is trading in the $5-$10 range because they don't want to dilute at these current insanely undervalued share prices, but their Bullfrog project is a past producing gold mine that was previously one of Barrick's most profitable U.S. mines. G has been working for the last two years straight doing all of the work necessary to obtain permitting at Bullfrog. By the time Reward enters production, Bullfrog will be ready for construction.
There are multiple gold companies that will desperately want to acquire G. AU is the most likely suitor but there are multiple gold miners looking to enter the Nevada market and their options of properties to acquire that can be brought into production quickly are very limited. G has a total of 1.92 million oz of gold resources in the #1 largest new gold district that the whole world will be talking about very soon... the Beatty Gold District. It is the most important new gold district since the Carlin Gold District and the Cortez Gold District.