{"id":923,"date":"2025-05-26T22:04:40","date_gmt":"2025-05-27T02:04:40","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=923"},"modified":"2025-05-26T22:25:15","modified_gmt":"2025-05-27T02:25:15","slug":"ctgo-hidden-asset-5m-onyx-shares","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/ctgo-hidden-asset-5m-onyx-shares\/","title":{"rendered":"CTGO\u2019s Hidden Asset? 5M ONYX Shares \u2014 Now Up 381% in 2Q 2025"},"content":{"rendered":"\n

Prior to Contango ORE (CTGO) acquiring<\/span> HighGold<\/strong> last year for Johnson Tract<\/strong>, one of the world's<\/span> highest-grade<\/span> polymetallic <\/span>deposits<\/strong>, HighGold's lesser<\/span> quality<\/span> assets<\/span><\/strong> were spun-off<\/strong><\/span> into a new publicly traded<\/span> company <\/strong>called Onyx Gold (TSXV: ONYX)<\/strong>. HighGold kept<\/span> 5 million ONYX shares<\/strong> post spin-off<\/strong><\/span> and CTGO <\/strong>by acquiring<\/span> HighGold <\/strong>for world-renowned<\/span> Johnson Tract <\/strong>also received<\/span> <\/strong>these 5 million ONYX shares<\/strong>. As of March 31st, CTGO's 5 million ONYX shares<\/strong> at CAD$0.275<\/strong> were worth only CAD$1.2M<\/strong><\/span> or USD$0.834M<\/strong><\/span>.<\/span><\/span><\/p>\n\n

In recent weeks, ONYX<\/strong> has gained by 381.48%<\/strong><\/span> to a current price of $1.30 per share<\/strong>.<\/span><\/span><\/p>\n\n

CTGO's 5 million ONYX shares<\/strong> are now worth a very significant<\/strong><\/span> CAD$6.5M<\/strong><\/span> or USD$4.74M<\/strong><\/span>!<\/span><\/span><\/p>\n\n

We're not sure why exactly ONYX gained by 381.48%<\/span><\/strong>, but in all likelihood the majority<\/strong><\/span> of TSX Venture listed gold exploration<\/span> & development<\/span> companies<\/strong> will gain by 300%+<\/strong><\/span> between now and year-end. Our goal<\/strong><\/span> is to discover<\/strong><\/span> and suggest<\/span><\/strong> the gold explorers<\/strong><\/span> with the best chance of gaining by 1,000%+<\/strong><\/span>.<\/span><\/span><\/p>\n\n

So far, almost no<\/span> retail investors <\/strong>have invested<\/strong><\/span> into gold stocks<\/strong><\/span>. Almost all investment dollars<\/strong><\/span> entering<\/span> gold stocks<\/span><\/strong> this year have come from hedge funds<\/strong> like John Paulson's Paulson & Co<\/strong> which just acquired<\/strong><\/span> a 40% stake<\/strong><\/span> in Donlin<\/strong> for US$800 million <\/strong><\/span>valuing the Donlin gold project<\/span><\/strong> at $2 billion<\/strong><\/span>. Donlin<\/strong> was previously discovered<\/strong><\/span> by CTGO CEO Rick Van Nieuwenhuys<\/strong>. We like CTGO's Johnson Tract<\/strong> a lot more<\/strong><\/span> than Donlin <\/strong>due to its high grades<\/strong><\/span>, low capex<\/strong><\/span>, and clear path<\/strong><\/span> to permitting<\/strong><\/span> with CTGO's innovative one-of-a-kind<\/span> Direct Shipping Ore (DSO)<\/strong> model, which eliminates<\/strong><\/span> the need to build<\/strong><\/span> a mill<\/strong> or tailings facility<\/strong>.<\/span><\/span><\/p>\n\n

CTGO's Johnson Tract JT deposit<\/strong> hosts<\/strong><\/span> an Indicated Resource<\/strong> of 3.489 Mt grading 9.39 g\/t gold equivalent <\/span><\/strong>comprised of 5.33 g\/t gold<\/strong><\/span>, 6.0 g\/t silver<\/strong><\/span>, 0.56% copper<\/strong><\/span>, 0.67% lead <\/strong>and 5.21% zinc<\/strong>. It is conveniently located close to tidewater<\/strong><\/span> which presents a unique opportunity<\/strong><\/span> for CTGO<\/strong> to directly ship<\/span> ore mined<\/span><\/strong> at JT<\/strong> by barge<\/strong> to an existing<\/span> mill facility<\/strong>.<\/span><\/span><\/p>\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":"

Prior to Contango ORE (CTGO) acquiring HighGold last year for Johnson Tract, one of the world's highest-grade polymetallic deposits, HighGold's lesser quality assets were spun-off into a new publicly traded company called Onyx Gold (TSXV: ONYX). HighGold kept 5 million ONYX shares post spin-off and CTGO by acquiring HighGold for world-renowned Johnson Tract also received […]<\/p>\n","protected":false},"author":1,"featured_media":924,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[48,47,9,49,80,17,24],"class_list":["post-923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-copper","tag-ctgo","tag-gold","tag-lead","tag-onyx","tag-silver","tag-zinc"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/923","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=923"}],"version-history":[{"count":2,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/923\/revisions"}],"predecessor-version":[{"id":929,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/923\/revisions\/929"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/924"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}