Gold Developers Lead Every Cycle Not Producers

Gold development companies are the largest percentage gainers every cycle, not producing gold miners. It will be especially true this cycle.

The governments of the U.S. and Canada both want new gold mines. They are competing against each other for easier permitting and financing to develop new gold mines. This has never happened before, but we can thank President Trump.

Augusta Gold (TSX: G)’s Reward Gold Project will be the next new gold mine developed in the U.S.

First Mining Gold (TSX: FF)’s Springpole Gold Project will be the next new gold mine developed in Canada.

Each country only has about 3-4 gold projects with the potential for near-term development.

Augusta Gold (TSX: G)’s Reward and First Mining Gold (TSX: FF)’s Springpole will be next. These are facts.

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 232,200 shares of G and may purchase more shares. NIA has received compensation from FF of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.