Augusta Gold (TSX: G) Acquired for $1.70 Per Share in Cash
Augusta Gold (TSX: G) is being acquired by AngloGold Ashanti (AU) for $1.70 per share in cash for a gain of 38.21% from NIA's initial April 6, 2022, suggestion at $1.23 per share. Click here to see NIA's initial Augusta Gold (TSX: G) alert.
Six days ago on July 10th, NIA sent out an alert entitled, 'AU Freeing Up Cash by Dumping G2 Goldfields (TSX: GTWO)'. Click here to read NIA's July 10th alert!
Five days ago on July 11th, NIA sent out an alert entitled, 'Is AngloGold Ashanti (AU) Preparing to Bid for Augusta Gold (TSX: G)?'. Click here to read NIA's July 11th alert!
Sorry, we wish we could have gotten a lot more… but Richard Warke and Donald Taylor tried their best and were personally funding the company for the last 18 months without dilution determined to do the best they can for Augusta's shareholders. They always did the right thing for shareholders every step of the way.
It was NIA's April 3, 2022, suggestion of Droneshield (ASX: DRO) at $0.20 per share (three days before our initial suggestion of Augusta Gold) that became one of our biggest winners of all-time. Click here to see NIA's initial Droneshield (ASX: DRO) alert.
DRO hit a new all-time high last night of $4.10 per share for a gain of 1,950% since NIA's suggestion!
This is why you should always research every company that NIA suggests. Even when we have a disappointment like Augusta Gold (TSX: G) being acquired for only $1.70 per share in cash or 38.21% above NIA's initial suggestion price, our members still made a profit. We are always seeking to suggest stocks poised to gain like Droneshield (ASX: DRO) and will do our best to discover more 10, 20, and even 50-baggers in the future!
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. This message is meant for informational and educational purposes only and does not provide investment advice.
