Can Any Stock Outperform Augusta Gold (TSX: G)?
Is it possible for any stock to outperform Augusta Gold (TSX: G) in the upcoming months… especially if Solaris Resources (TSX: SLS) gets acquired, Highlander Silver (TSX: HSLV) announces high-grade drilling results, and investors from both put a portion of their profits into Augusta Gold (TSX: G)?
The answer is, probably not… but if you go back to December 2010 when the GDXJ/GLD ratio was at a record high of 1.29 vs. its current level of 0.2229, there is only one gold miner to make significant gains during this period: Contango ORE (CTGO).
CTGO listed for trading in December 2010 at $4 per share. Last quarter, CTGO reported the #1 highest free cash flow per share in the gold industry. CTGO is currently $19.65 per share, and we believe new all-time highs of above $33.67 per share are coming soon.
CTGO’s 30% owned Manh Choh averaged grades of 7.39 g/t gold last quarter making it one of the highest-grade open pit gold mines in the world!
Soon, CTGO will develop its 100% owned fully permitted Lucky Shot with average indicated resource grades of 14.5 g/t gold!
Afterwards, CTGO will develop its 100% owned Johnson Tract with average indicated resource grades of 9.39 g/t gold equivalent not including its latest bonanza grade discovery at the Ellis Zone!
NIA’s Northern Dynasty Minerals (TSX: NDM) gained by 25% on Friday to $2.40 per share and is up by 83.2% since NIA’s March 2025 suggestion at $1.31 per share. NIA is increasing its odds of future Pebble Mine permitting & development from 10% up to 15%.
Augusta Gold (TSX: G)’s Reward and Contango ORE (CTGO)’s Lucky Shot are fully permitted for production!
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’s President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. NIA has received compensation from CTGO of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.
