Bitcoin Bull Buys 13.34% Stake in Gold Company

Larry Lepard a well-known Bitcoin bull recently acquired a 13.34% stake in Lahontan Gold (TSXV: LG) for the funds that he manages including Equity Management Associates, LLC.

In 2023, NIA released a list of its top natural resource related stock suggestions:

Our #1 pick Augusta Gold (TSX: G) was just acquired by AngloGold Ashanti (AU) for $1.70 per share in cash for a gain of 38.21% since our initial April 2022 suggestion at $1.23 per share.

Our #2 pick Gold Bull Resources was acquired by Borealis Mining (TSXV: BOGO) in a stock deal where shareholders received 0.93 BOGO shares for every Gold Bull share which equates to a current price of $0.6789 for a gain of 70% from our initial Gold Bull suggestion price of $0.40.

Our #3 pick Power Metallic Mines (TSXV: PNPN) formerly Power Nickel gained by 775.56% to a high of $1.97 from our suggestion price of $0.225 per share.

Our #4 pick was Lahontan Gold (TSXV: LG) and it is currently $0.10 per share with a market cap of CAD$28.64 million or USD$20.79 million when they have gold resources in Nevada of 1.95 million oz for a current valuation of US$10.66 per oz of gold resources.

LG is awaiting drilling results from their Slab deposit, which is a part of their Sante Fe Gold Project, and we will be discussing them as soon as they are released.

We will publish a report on LG 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 BOGO of US$100,000 cash for a twelve-month marketing contract. NIA has received compensation from LG of US$30,000 cash for a three-month marketing contract. NIA previously received compensation from PNPN of US$50,000 cash for a six-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.