{"id":2037,"date":"2025-07-11T01:17:29","date_gmt":"2025-07-11T05:17:29","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=2037"},"modified":"2025-07-16T08:06:47","modified_gmt":"2025-07-16T12:06:47","slug":"is-anglogold-ashanti-au-preparing-to-bid-for-augusta-gold-tsx-g","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/is-anglogold-ashanti-au-preparing-to-bid-for-augusta-gold-tsx-g\/","title":{"rendered":"Is AngloGold Ashanti (AU) Preparing to Bid for Augusta Gold (TSX: G)?"},"content":{"rendered":"\n<p><font face=\"Tahoma, Geneva, sans-serif\"><span style=\"font-size: 14px;\"><b>It is a <span style=\"color:#2980b9;\">100% fact<\/span> that Augusta Gold (TSX: G)&#8217;s assets in the Beatty Gold District are <span style=\"color:#27ae60;\">worth more<\/span> than G2 Goldfields (TSX: GTWO). Whether or not AngloGold Ashanti (AU) is <span style=\"color:#27ae60;\">freeing up cash<\/span> by selling its GTWO shares to <span style=\"color:#2980b9;\">make bid<\/span> for G we will see. Our gut feeling is&#8230; yes, but it doesn&#8217;t matter because Augusta Gold (TSX: G) share price is going <span style=\"color:#27ae60;\">up<\/span> and <span style=\"color:#27ae60;\">up big<\/span> under ALL scenarios!<\/b><\/span><\/font><\/p>\n\n<p><font face=\"Tahoma, Geneva, sans-serif\"><span style=\"font-size: 14px;\"><b>GTWO&#8217;s market cap is $666 million, Augusta Gold (TSX: G) has <span style=\"color:#27ae60;\">larger<\/span> measured &#038; indicated resources and it is <span style=\"color:#f1c40f;\">95% oxide gold<\/span> for <span style=\"color:#e74c3c;\">low cost<\/span> open pit mining and heap leaching. Nevada is the <span style=\"color:#27ae60;\">#1 best<\/span> jurisdiction in the world. Speculators bought GTWO because they believed AU was going to <span style=\"color:#27ae60;\">acquire<\/span> the company&#8230; <span style=\"color:#e74c3c;\">wrong<\/span>. AU <span style=\"color:#e74c3c;\">tricked<\/span> everyone and <span style=\"color:#e74c3c;\">sold<\/span> their shares for <span style=\"color:#27ae60;\">huge profit<\/span>. Why would they <span style=\"color:#27ae60;\">publicly buy<\/span>&nbsp;shares in open market of company they are going to <span style=\"color:#27ae60;\">acquire<\/span> and drive the valuation <span style=\"color:#e74c3c;\">artificially<\/span> <span style=\"color:#27ae60;\">high<\/span>? Augusta&#8217;s 2022 <span style=\"color:#27ae60;\">purchase<\/span> of the <span style=\"color:#2980b9;\">fully permitted<\/span> Reward Gold Project will be looked back at as the <span style=\"color:#2980b9;\">most genius<\/span> <span style=\"color:#27ae60;\">acquisition<\/span> in history.<\/b><\/span><\/font><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><em>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&rsquo;s President has purchased 232,200 shares of G and may purchase more shares. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is a 100% fact that Augusta Gold (TSX: G)&#8217;s assets in the Beatty Gold District are worth more than G2 Goldfields (TSX: GTWO). Whether or not AngloGold Ashanti (AU) is freeing up cash by selling its GTWO shares to make bid for G we will see. Our gut feeling is&#8230; yes, but it doesn&#8217;t [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":167,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[42,12,9,139],"class_list":["post-2037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-au","tag-g","tag-gold","tag-gtwo"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/2037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=2037"}],"version-history":[{"count":2,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/2037\/revisions"}],"predecessor-version":[{"id":2039,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/2037\/revisions\/2039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/167"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=2037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=2037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=2037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}