{"id":771,"date":"2025-05-20T03:11:01","date_gmt":"2025-05-20T07:11:01","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=771"},"modified":"2025-05-20T08:27:18","modified_gmt":"2025-05-20T12:27:18","slug":"contango-ore-ctgo-surpasses-key-breakout-point","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/technicals\/contango-ore-ctgo-surpasses-key-breakout-point\/","title":{"rendered":"CTGO Surpasses Key Breakout Point"},"content":{"rendered":"\n

Contango ORE (CTGO) gained by 10.50%<\/span> <\/strong>on Monday to $16.31 per share<\/strong> and has successfully surpassed<\/strong><\/span> its most important<\/span> long-term key breakout point<\/span><\/strong> its 200-day moving average<\/strong><\/span>!<\/span><\/span><\/p>\n\n\n\n

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

CTGO<\/strong> generated<\/span> free cash flow per share<\/strong> of $2.36<\/strong><\/span> in 1Q 2025<\/strong> alone giving it the #1 highest<\/span> free cash flow per share<\/strong> out of all publicly traded <\/strong><\/span>gold companies<\/strong><\/span>!<\/span><\/span><\/p>\n\n\n\n

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

Using its massive cash flow<\/strong><\/span> from Manh Choh<\/strong>, CTGO<\/strong> will soon bring the fully permitted<\/span> Lucky Shot Gold Project<\/strong> into production, which historically produced<\/span> 252,000 oz<\/span><\/strong> at average grades of 40 g\/t<\/strong><\/span>. CTGO’s current indicated resource<\/strong> at Lucky Shot<\/strong> is nearly 110,000 oz<\/strong><\/span> at 14.5 g\/t<\/strong><\/span> and CTGO<\/strong> intends to expand<\/strong><\/span> the resource to 400,000-500,000 oz<\/strong><\/span> prior to launching production<\/strong><\/span>!<\/span><\/span><\/p>\n\n

CTGO’s Johnson Tract<\/strong> is likely to be the only Alaska mineral project<\/strong> to receive<\/span> FAST-41 priority<\/span> permitting<\/strong> in the future. Johnson Tract<\/strong> has an indicated resource<\/strong> of 1.05 million oz<\/strong><\/span> grading 9.4 g\/t AuEq<\/strong><\/span> (JT Deposit<\/strong>) and this doesn’t<\/strong><\/span> include the newly discovered high-grade<\/span> Ellis Zone <\/strong>(see below):<\/span><\/span><\/p>\n\n\n\n

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

CTGO<\/strong> has a total mineralized trend<\/strong><\/span> at Johnson Tract<\/strong> of 12km<\/strong><\/span> including both epithermal deposits<\/strong> and VMS deposits<\/strong>, and most of it is unexplored<\/strong><\/span>! There could be many <\/span>new<\/span> JT Deposit<\/strong> and Ellis Zone <\/strong>high-grade <\/strong><\/span>polymetallic<\/strong><\/span> discoveries<\/strong><\/span> ready to be made<\/strong><\/span> by CTGO<\/strong> in the months and years ahead!<\/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 a three-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":"

Contango ORE (CTGO) gained by 10.50% on Monday to $16.31 per share and has successfully surpassed its most important long-term key breakout point its 200-day moving average! CTGO generated free cash flow per share of $2.36 in 1Q 2025 alone giving it the #1 highest free cash flow per share out of all publicly traded […]<\/p>\n","protected":false},"author":1,"featured_media":772,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[47,9],"class_list":["post-771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technicals","tag-ctgo","tag-gold"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/771","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=771"}],"version-history":[{"count":3,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/771\/revisions"}],"predecessor-version":[{"id":781,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/771\/revisions\/781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/772"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}