Lahontan Gold (TSXV: LG) Soars 21.25% to New All-Time High of $0.485 and Already Up 385% Since Release of NIA Report
On October 8th, NIA said, “Lahontan Gold (TSXV: LG) is the Nevada gold explorer with most upside potential.”
On October 3rd, NIA said, “Lahontan Gold (TSXV: LG) on paper is the most undervalued gold explorer with the best numbers: high grade oxide gold, low strip ratio, little/no royalties, etc.”
On September 23rd, NIA said, “Lahontan Gold (TSXV: LG) owner of the Santa Fe Gold Project in Nevada (ranked the #2 best mining jurisdiction worldwide) trades at only ~$15 per oz.”
Lahontan Gold (TSXV: LG) gained by 21.25% today to a new all-time high of $0.485 per share!
LG has so far gained by 385% since NIA published its Lahontan Gold (TSXV: LG) report seven months ago at $0.10 per share, but LG’s market cap is still only US$68.20 per oz of gold resources at its flagship Santa Fe Gold Project! This is equal to only 1.313% of gold’s current spot price of $5,195 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!
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 has received compensation from LG of US$50,000 cash for a six-month marketing contract. NIA’s President has purchased 200,000 shares of LG in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.