{"id":3584,"date":"2025-09-17T07:15:39","date_gmt":"2025-09-17T11:15:39","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=3584"},"modified":"2025-09-17T07:15:41","modified_gmt":"2025-09-17T11:15:41","slug":"why-nia-is-very-concerned-about-gold-mining-stocks","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/why-nia-is-very-concerned-about-gold-mining-stocks\/","title":{"rendered":"Why NIA Is Very Concerned About Gold Mining Stocks"},"content":{"rendered":"\n

Here is a good example of why NIA is very concerned<\/strong><\/span> about gold mining stocks<\/strong><\/span>. Probably the worst<\/span> managed gold miner<\/span><\/strong> of all is Hycroft Mining (HYMC)<\/strong> the company Eric Sprott brilliantly tricked<\/span> AMC CEO Adam Aron<\/strong> into investing $27.9 million<\/strong><\/span> into in March 2022. In 2023, HYMC<\/strong> had an enterprise value<\/strong> of $53.19 million<\/strong>. Today, HYMC<\/strong> is suddenly worth $381.7 million<\/strong> and has surpassed<\/span> Contango ORE (CTGO)'s enterprise value<\/strong> of $285.37 million<\/strong>:<\/span><\/span><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

CTGO's CEO Rick Van Nieuwenhuyse<\/strong> previously founded<\/strong><\/span> NovaGold (NG)<\/strong> and as CEO<\/strong> built its market cap<\/strong> from $7 million<\/strong><\/span> in 1999 up to $4 billion<\/strong><\/span> in 2010, using cash flow<\/strong><\/span> from sand and gravel sales<\/strong> to acquire<\/strong><\/span> the Donlin Creek<\/strong> and Galore Creek<\/strong> projects and then discovering<\/strong><\/span> a 40-million-ounce<\/strong> gold deposit<\/strong><\/span> at Donlin<\/strong>, while simultaneously <\/strong><\/span>establishing<\/strong><\/span> Galore Creek<\/strong> as one of the largest<\/span> undeveloped<\/span> copper<\/span>–gold<\/span>–silver<\/span> porphyry deposits<\/strong> in the world<\/strong><\/span> (today owned<\/strong><\/span> by a 50\/50 JV<\/strong> between Newmont\/Teck Resources<\/strong>), and also doing a spin-off<\/span><\/strong> to NG shareholders<\/strong> of Trilogy Metals (TMQ)<\/strong> a company that he led as CEO<\/strong> until 2019 when he stepped down<\/strong><\/span> to allow<\/strong><\/span> Jim Gowans<\/strong> who was CEO<\/strong> of NIA's largest gaining<\/span> silver stock<\/span><\/strong> in history Arizona Mining<\/strong> to takeover <\/strong><\/span>for the purpose of establishing<\/strong><\/span> a joint venture<\/strong> with South32<\/strong> the same company that acquired<\/span> Arizona Mining<\/strong> for $2.1 billion<\/span><\/strong> or 1,576% above<\/span> NIA's suggestion price<\/strong>. South32<\/strong> was later granted<\/span> FAST-41 status<\/strong> for expedited permitting<\/strong><\/span> of the Hermosa Project\/Taylor Deposit<\/strong>, which is now being developed<\/strong><\/span>. CTGO's Johnson Tract<\/strong> is the only critical metals mining project<\/strong> in Alaska ready for permitting<\/strong><\/span> and may be considered<\/strong><\/span> for FAST-41<\/strong> priority permitting<\/strong><\/span>!<\/span><\/span><\/p>\n\n

CTGO's CEO<\/strong> is the most <\/strong><\/span>experienced<\/strong> and successful<\/strong><\/span> in all of Alaska, but regardless… take a look at the trailing twelve-month free cash flow<\/span><\/strong> of HYMC vs. CTGO<\/strong>:<\/span><\/span><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

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 CTGO of US$30,000 cash for three months of coverage and could receive a total of up to US$80,000 cash for ten months of coverage. 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>\n","protected":false},"excerpt":{"rendered":"

Here is a good example of why NIA is very concerned about gold mining stocks. Probably the worst managed gold miner of all is Hycroft Mining (HYMC) the company Eric Sprott brilliantly tricked AMC CEO Adam Aron into investing $27.9 million into in March 2022. In 2023, HYMC had an enterprise value of $53.19 million. […]<\/p>\n","protected":false},"author":1,"featured_media":3587,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[47,9,180,56,160,170,181],"class_list":["post-3584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-ctgo","tag-gold","tag-hymc","tag-nem","tag-ng","tag-teck","tag-tmq"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3584","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=3584"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3584\/revisions"}],"predecessor-version":[{"id":3588,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3584\/revisions\/3588"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/3587"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=3584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=3584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=3584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}