Gold Hits New All-Time High of $2,200 Per Oz

Gold has just hit a new all-time high of $2,200 per oz!

There are only three small-cap gold developers currently constructing new gold mines at this moment. These three gold developers have strongly outperformed GDX and GDXJ in 2024 year-to-date:

G Mining (TSX: GMIN) has gained by 40.28% in 2024 year-to-date to $2.02 per share. Including in-the-money options/warrants, GMIN has 506 million fully diluted shares outstanding for a fully diluted market cap of CAD$1.022 billion.

Ascot Resources (TSX: AOT) has gained by 35.19% in 2024 year-to-date to $0.73 per share. Including in-the-money options/warrants, AOT has 666.84 million fully diluted shares outstanding for a fully diluted market cap of CAD$486.79 million.

Artemis Gold (TSXV: ARTG) has gained by 18.98% in 2024 year-to-date to $7.46 per share. Including in-the-money options/warrants, ARTG has 238 million fully diluted shares outstanding for a fully diluted market cap of CAD$1.775 billion.

Augusta Gold (TSX: G) will be the next gold developer to get to the position that GMIN, AOT, and ARTG are at today... and G is the only gold developer with short-term 5-10 bagger potential!

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.