Lahontan Gold (TSXV: LG) Already Up 70% Since Release of NIA Report

Lahontan Gold (TSXV: LG) gained by 3.03% today to a new 27-month high of $0.17 per share! Lahontan's CEO told us she believes her assets are better than both Augusta Gold and Borealis Mining (TSXV: BOGO) and in some ways we agree.

LG has so far gained by 70% since NIA published its Lahontan Gold (TSXV: LG) report two months ago at $0.10 per share, but LG's market cap is still only US$17.90 per oz of gold resources at its flagship Santa Fe Gold Project! This is equal to only 0.449% of gold's current spot price of $3,985 per oz!

Over the last 25 years, North American gold explorers/developers have traded at a median enterprise value per oz of gold resources of 2.77% of the gold spot price!

A return to the long-term median would value LG's gold resources at US$110.38 per oz, which is 6.17x above LG's current valuation!

Click here to read NIA's Lahontan Gold (TSXV: LG) report!

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 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. NIA previously received compensation from BOGO of US$100,000 cash for a twelve-month marketing contract which has expired but NIA could receive additional compensation for additional contracts in the future. This message is meant for informational and educational purposes only and does not provide investment advice.