Is CTGO Best Co Not Owned by Richard Warke?
Some of our members have joked that Richard Warke might secretly hold a monopoly on the world’s most valuable mining assets.
After all, he’s behind:
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Augusta Gold (TSX: G) — advancing what many consider to be the #1 best gold development project anywhere in the world: the Beatty Gold District;
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Highlander Silver (TSX: HSLV) — drilling today at the #1 highest-grade gold–silver exploration project in Latin America;
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Solaris Resources (TSX: SLS) — advancing the last remaining large-scale, undeveloped low-elevation copper project in the world not yet controlled by a major mining giant like BHP, Rio Tinto, or Zijin.
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Titan Mining (TSX: TI) — preparing to establish America’s first domestic flake graphite mine in New York State at a time when China controls over 90% of the global supply of this critical EV battery material.
It’s starting to feel like wherever the next billion-dollar mine is hiding, Richard Warke’s already there.
Contango ORE (CTGO) may be the greatest gold company not owned by Richard Warke, because CTGO's payments including the $21 million they received today and $95 million projected for full year 2025 are the equivalent of royalty payments. All of the mining costs are already paid for by Kinross Gold (KGC) prior to CTGO receiving the cash for its 30% stake in the project!
CTGO has a market cap of $255 million or 2.684x projected 2025 cash distributions of $95 million!
Every royalty company we follow is worth a minimum of 10x cash distributions some are worth 20x cash distributions!
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 and may purchase more shares. NIA’s President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. 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.
