{"id":3702,"date":"2025-09-22T12:34:20","date_gmt":"2025-09-22T16:34:20","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=3702"},"modified":"2025-09-22T12:40:09","modified_gmt":"2025-09-22T16:40:09","slug":"lahontan-gold-tsxv-lg-currently-worth-15-per-oz-of-gold-resources","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/lahontan-gold-tsxv-lg-currently-worth-15-per-oz-of-gold-resources\/","title":{"rendered":"Lahontan Gold (TSXV: LG) Currently Worth $15 Per Oz of Gold Resources"},"content":{"rendered":"\n

On the morning of August 7th, NIA announced that its President purchased<\/span><\/strong> a small<\/span> initial<\/span> stake<\/strong> in Lahontan Gold (TSXV: LG)<\/strong> on August 6th at $0.105 per share<\/strong>.<\/span><\/span><\/p>\n\n

LG<\/strong> is up by 7.69%<\/strong><\/span> today to $0.14 per share<\/strong> and hit a new 27-month high<\/strong><\/span> this morning of $0.15 per share<\/strong>. <\/span><\/span><\/p>\n\n\n\n

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

LG's current market cap<\/strong> at $0.14 per share<\/strong> is only CAD$40.63 million<\/strong><\/span> or USD$29.47 million<\/strong><\/span>.<\/span><\/span><\/p>\n\n

LG<\/strong> has a resource of 1.54 million oz<\/strong> AuEq indicated<\/strong><\/span> and 0.411 million oz<\/strong> AuEq inferred<\/strong><\/span>.<\/span><\/span><\/p>\n\n

LG<\/strong> is currently being valued at only US$15.11 per oz<\/strong> of gold resources<\/strong><\/span>.<\/span><\/span><\/p>\n\n

With gold<\/strong><\/span> at $3,736.66 per oz<\/strong><\/span>, LG's resources<\/strong> are being valued at 0.40%<\/strong> of the gold price<\/strong><\/span>!<\/span><\/span><\/p>\n\n

For North American gold exploration & development<\/span> companies<\/strong>, the long-term<\/strong> median<\/strong><\/span> is a gold resource<\/strong><\/span> valuation<\/strong> equal to 2.77%<\/strong> of the gold price<\/strong><\/span>, which would currently be equivalent to a valuation of US$103.50 per oz<\/strong> of gold resources<\/strong><\/span>:<\/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 LG of US$30,000 cash for a three-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.<\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

On the morning of August 7th, NIA announced that its President purchased a small initial stake in Lahontan Gold (TSXV: LG) on August 6th at $0.105 per share. LG is up by 7.69% today to $0.14 per share and hit a new 27-month high this morning of $0.15 per share. LG's current market cap at […]<\/p>\n","protected":false},"author":1,"featured_media":3708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[9,149],"class_list":["post-3702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-gold","tag-lg"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3702","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=3702"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3702\/revisions"}],"predecessor-version":[{"id":3706,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3702\/revisions\/3706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/3708"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=3702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=3702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=3702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}