{"id":4150,"date":"2025-10-05T16:46:27","date_gmt":"2025-10-05T20:46:27","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=4150"},"modified":"2025-10-06T22:45:58","modified_gmt":"2025-10-07T02:45:58","slug":"nia-gold-bull-investors-up-212-percent-on-bogo-how-much-upside-remains","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/technicals\/nia-gold-bull-investors-up-212-percent-on-bogo-how-much-upside-remains\/","title":{"rendered":"NIA Gold Bull Investors Up 211.55% on BOGO, How Much Upside Remains?"},"content":{"rendered":"\n<p><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><span style=\"font-size:14px;\"><strong>Borealis Mining (TSXV: BOGO)<\/strong> closed Friday at a <span style=\"color:#27ae60;\"><strong>new all-time high<\/strong><\/span> of <strong>$1.34 per share<\/strong> which for investors in NIA&#8217;s <strong>Gold Bull Resources<\/strong> (<span style=\"color:#27ae60;\"><strong>acquired<\/strong><\/span> by <strong>BOGO<\/strong>) who received <strong><span style=\"color:#27ae60;\">0.93x<\/span> BOGO shares<\/strong> is equivalent to <strong>$1.2462 per share<\/strong> for a <span style=\"color:#27ae60;\"><strong>gain of 211.55%<\/strong><\/span> since NIA&#8217;s <strong>Gold Bull Resources<\/strong> suggestion at <strong>$0.40 per share<\/strong>.<\/span><\/span><\/p>\n\n<p><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><span style=\"font-size:14px;\"><strong>Gold Bull Resources<\/strong> had a market cap of <strong>CAD$4 million<\/strong> when we suggested it and would easily be worth <strong>CAD$40 million<\/strong> today and <strong>BOGO&#8217;s existing infrastructure<\/strong> at the <strong>Borealis<\/strong> mine is worth an estimated <strong>CAD$125.25 million<\/strong> based on the <span style=\"color:#e74c3c;\"><strong>initial CAPEX<\/strong><\/span> to <strong><span style=\"color:#2980b9;\">construct<\/span> Augusta Gold&#8217;s Reward Gold Project<\/strong> in their feasibility study.<\/span><\/span><\/p>\n\n<p><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><span style=\"font-size:14px;\">We know <strong>BOGO<\/strong> has a <strong>historical non-43-101 resource<\/strong> of approximately <span style=\"color:#f1c40f;\"><strong>2 million oz<\/strong><\/span> but most of it is contained in the <strong>Graben sulfide deposit<\/strong>. We don&#8217;t know how much <span style=\"color:#f1c40f;\"><strong>oxide gold<\/strong><\/span> still exists at the <strong>Borealis<\/strong> mine, but they have <span style=\"color:#27ae60;\"><strong>intercepted significant<\/strong><\/span><span style=\"color:#f1c40f;\"><strong> oxide gold<\/strong><\/span> in multiple <strong>drill holes<\/strong>.<span style=\"display: none;\"> <\/span><\/span><\/span><\/p>\n\n<p><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><span style=\"font-size:14px;\"><strong><a href=\"https:\/\/www.inflation.us\/news\/borealis-mining-tsxv-bogo-junior-gold-with-near-term-production-world-class-upside\/\">Click here<\/a> for our Borealis Mining (TSXV: BOGO) report.<\/strong><span style=\"display: none;\"> <\/span><\/span><\/span><\/p>\n\n<p><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><span style=\"font-size:14px;\"><strong>BOGO<\/strong> seems <span style=\"color:#2980b9;\"><strong>undervalued<\/strong><\/span> at a <strong>CAD$154.636 million<\/strong> <strong>market cap<\/strong> but does it have as much <span style=\"color:#27ae60;\"><strong>upside<\/strong><\/span> as <strong>Total Metals (TSXV: TT)<\/strong>?<\/span><\/span><\/p>\n\n<p><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><span style=\"font-size:14px;\">When<strong> Total Metals (TSXV: TT)<\/strong> completes its <span style=\"color:#27ae60;\"><strong>acquisition<\/strong><\/span> of the <strong>High Lake<\/strong> and <strong>West Hawk Lake <span style=\"color:#f1c40f;\">gold projects<\/span><\/strong> it will have approximately <strong>49.7 million shares outstanding<\/strong> and about <span style=\"color:#27ae60;\"><strong>$4 million in cash<\/strong><\/span> leftover to <span style=\"color:#2980b9;\"><strong>start work<\/strong><\/span> on their <strong><span style=\"color:#2980b9;\">flagship polymetallic <\/span><span style=\"color:#d35400;\">copper<\/span><\/strong>, <span style=\"color:#7f8c8d;\"><strong>zinc<\/strong><\/span>, <span style=\"color:#f1c40f;\"><strong>gold<\/strong><\/span>, <strong><span style=\"color:#4e5f70;\">silver<\/span> Electrolode<\/strong> project. At its current price of <strong>$0.92 per share<\/strong> we are talking about a <strong>market cap<\/strong> of only <strong>CAD$45.72 million<\/strong> or <strong>USD$32.79 million<\/strong> when <strong>Total Metals<\/strong> is going to own two of the <span style=\"color:#27ae60;\"><strong>highest-grade <\/strong><\/span><span style=\"color:#f1c40f;\"><strong>gold projects<\/strong><\/span> in all of Canada.<\/span><\/span><\/p>\n\n<p><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><span style=\"font-size:14px;\"><strong><a href=\"https:\/\/www.inflation.us\/news\/articles\/total-metals-tsxv-tt-newly-listed-high-grade-polymetallic-resource-play\/\">Click here<\/a> for our mini report on Total Metals we will have a full report published post-acquisition.<\/strong><\/span><\/span><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"682\" height=\"314\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/09\/historicalresources.jpg\" alt=\"\" class=\"wp-image-3841\" srcset=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/09\/historicalresources.jpg 682w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/09\/historicalresources-300x138.jpg 300w\" sizes=\"auto, (max-width: 682px) 100vw, 682px\" \/><\/figure>\n\n\n\n<p><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><span style=\"font-size:14px;\"><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 previously received compensation from BOGO of US$100,000 cash for a twelve-month marketing contract which has expired but NIA could receive additional compensation for additional contracts in the future. NIA has received compensation from TT of US$100,000 cash for a twelve-month marketing contract. 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":"<p>Borealis Mining (TSXV: BOGO) closed Friday at a new all-time high of $1.34 per share which for investors in NIA&#8217;s Gold Bull Resources (acquired by BOGO) who received 0.93x BOGO shares is equivalent to $1.2462 per share for a gain of 211.55% since NIA&#8217;s Gold Bull Resources suggestion at $0.40 per share. Gold Bull Resources [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[14,48,9,17,186,24],"class_list":["post-4150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technicals","tag-bogo","tag-copper","tag-gold","tag-silver","tag-tt","tag-zinc"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4150","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=4150"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4150\/revisions"}],"predecessor-version":[{"id":4152,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4150\/revisions\/4152"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/4151"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=4150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=4150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=4150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}