Dundee Owns 20% of Viva Gold (TSXV: VAU)
Dundee Corporation (TSX: DC.A) — the early backers of Dundee Precious Metals (DPM) +2,500% since 2015 and Kinross Gold (KGC) — now owns 20% of Viva Gold (TSXV: VAU).
Kinross’s Round Mountain Mine, just north of Viva’s Tonopah Project, is running below full capacity and has enough reserves to operate only through 2030. Production declines could put a premium on new Nevada oxide gold discoveries.
That’s why Lahontan Gold (TSXV: LG) is especially compelling — with far more gold than Viva, particularly in the oxide category. Read our full LG report here!
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 100,000 shares of VAU in the open market and can buy or sell shares at any time. NIA’s President has purchased 200,000 shares of LG in the open market and intends to buy more shares. NIA has received compensation from LG 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.