{"id":2433,"date":"2025-07-30T09:39:31","date_gmt":"2025-07-30T13:39:31","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=2433"},"modified":"2025-08-05T07:56:32","modified_gmt":"2025-08-05T11:56:32","slug":"bitcoin-bull-buys-13-percent-stake-in-gold-company","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/bitcoin-bull-buys-13-percent-stake-in-gold-company\/","title":{"rendered":"Bitcoin Bull Buys 13.34% Stake in Gold Company"},"content":{"rendered":"\n<p><font face=\"Arial, sans-serif\"><span style=\"font-size:14px\"><b>Larry Lepard a <span style=\"color:#27ae60;\">well-known<\/span> <span style=\"color:#e67e22;\">Bitcoin<\/span> <span style=\"color:#27ae60;\">bull<\/span> recently <span style=\"color:#27ae60\">acquired a 13.34% stake<\/span> in Lahontan Gold (TSXV: LG) for the funds that he manages including Equity Management Associates, LLC.<\/b><\/span><\/font><\/p>\n\n<p><span style=\"font-size:14px;\"><b><font face=\"Arial, sans-serif\">In 2023, NIA released a list of its top natural resource related stock suggestions:<\/font><\/b><\/span><\/p>\n\n<p><font face=\"Arial, sans-serif\"><span style=\"font-size:14px;\"><b>Our #1 pick Augusta Gold (TSX: G) was just <span style=\"color:#27ae60;\">acquired<\/span> by AngloGold Ashanti (AU) for <span style=\"color:#27ae60;\">$1.70 per share<\/span> in <span style=\"color:#27ae60;\">cash <\/span>for a <span style=\"color:#27ae60;\">gain of 38.21%<\/span> since our initial April 2022 suggestion at $1.23 per share.<span style=\"display: none;\"> <\/span><span style=\"display: none;\"> <\/span><\/b><\/span><\/font><\/p>\n\n<p><span style=\"font-size:14px;\"><b><font face=\"Arial, sans-serif\">Our #2 pick Gold Bull Resources was <span style=\"color:#27ae60;\">acquired<\/span> 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 <span style=\"color:#27ae60;\">gain of 70%<\/span> from our initial Gold Bull suggestion price of $0.40.<\/font><\/b><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><b><font face=\"Arial, sans-serif\">Our #3 pick Power Metallic Mines (TSXV: PNPN) formerly Power Nickel <span style=\"color:#27ae60;\">gained by 775.56%<\/span> to a <span style=\"color:#27ae60;\">high<\/span> of $1.97 from our suggestion price of $0.225 per share.<\/font><\/b><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><b><font face=\"Arial, sans-serif\">Our #4 pick <span style=\"display: none;\"> <\/span>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 <span style=\"display: none;\"> <\/span><span style=\"color:#f1c40f;\">gold resources<\/span> in Nevada of <span style=\"color:#f1c40f;\">1.95 million oz<\/span> for a current valuation of <span style=\"color:#f1c40f;\">US$10.66 per oz<\/span> of <span style=\"color:#f1c40f;\">gold resources<\/span>.<\/font><\/b><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><b><font face=\"Arial, sans-serif\">LG is awaiting drilling results from their Slab deposit, which is a part of their Sante Fe <span style=\"color:#f1c40f;\">Gold Project<\/span>, and we will be discussing them as soon as they are released. We are writing a report about the company to be published shortly.<\/font><\/b><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Arial,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 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.<\/em> <\/span><\/span><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[42,14,104,12,9,149,34],"class_list":["post-2433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-au","tag-bogo","tag-crypto","tag-g","tag-gold","tag-lg","tag-pnpn"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/2433","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=2433"}],"version-history":[{"count":5,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/2433\/revisions"}],"predecessor-version":[{"id":2492,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/2433\/revisions\/2492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/2434"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=2433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=2433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=2433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}