NIA’s President Buys Lahontan Gold (TSXV: LG) and Viva Gold (TSXV: VAU) Positions
NIA's President has purchased a small initial position in Lahontan Gold (TSXV: LG) of 200,000 shares.
With our Augusta Gold (TSX: G) acquired at a large premium, Lahontan Gold (TSXV: LG) is now the #1 highest quality publicly traded gold development company in all of Nevada. LG has a larger gold resource than Augusta Gold had at a tiny fraction of Augusta's market cap and LG is also directly adjacent to billion-dollar giants like AngloGold Ashanti (AU).
NIA's President also purchased 100,000 shares of Viva Gold (TSXV: VAU) yesterday mainly because it just hit a new 32-month low.
VAU has nowhere near the potential of LG, but NIA's President couldn't resist buying 100,000 VAU shares considering it has declined by 50% over the past month and every VAU shareholder owns their shares at significantly higher share prices.
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 has received compensation from LG of US$30,000 cash for a three-month marketing contract. NIA’s President has purchased 200,000 shares of LG in the open market and intends to buy more shares. NIA’s President has purchased 100,000 shares of VAU in the open market and can buy or sell shares at any time. This message is meant for informational and educational purposes only and does not provide investment advice.