NIA Announces New Cash Flow Positive High-Grade Gold Play
NIA is excited to announce its brand-new U.S. stock suggestion Contango ORE (CTGO).
This NYSE listed company is generating positive cash flow today from its 30% stake in one of Alaska's largest producing gold mines: Manh Choh. Their 70% joint venture partner is Kinross Gold (KGC) one of the largest gold miners in the world.
CTGO is going to be using their positive cash flow from Manh Choh to develop two of America's highest grade gold mines: the Lucky Shot Mine and Johnson Tract.
Lucky Shot has a current resource grading 14.5 g/t gold equivalent making it one of the highest-grade gold projects in the world.
Johnson Tract has a current resource grading 9.4 g/t gold equivalent making it one of the highest-grade gold projects in the world.
The CEO of CTGO previously founded NovaGold (NG) a $1.4 billion market cap company.
CTGO's current market cap at $13.21 per share is only $165.65 million.
We will publish an in-depth report on CTGO tomorrow evening!
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 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.