This is a paid advertisement sponsored by Austin Gold Corp.
A NYSE Listed Lottery Ticket With a Billion-Dollar Prize?!
- Their team’s last 3 companies all became billion-dollar miners…
- This Tiny Gold Firm Acquired Land Held in One Family for Over 60 Years…
- Turns Out to Be Located in one of the Richest Gold Districts in the world with Over 100 million Ounces of Gold previously mined in this area.
- The opportunity in gold stocks ‘is as compelling as any we’ve seen in the history of the gold market’- Goehring & Rozencwajg[1]
- This pedigreed gold stock startup may be hiding in plain sight on the NYSE, right alongside Berkshire Hathaway, Walmart, and Pfizer…
Find out why the men I call ‘Kings of the Billion-Dollar Mines’ should be on your radar!
James Hyerczyk is a Florida-based technical analyst, market researcher, educator and trader. James began his career in Chicago in 1982 as a futures market analyst for floor traders at the Chicago Board of Trade, the Chicago Mercantile Exchange, and numerous brokerage firms. He has been providing quality analysis for professional traders for over 40 years.
With gold hitting new all-time highs, blasting past $2,600 an ounce…
And central banks continue to accumulate MORE gold… even in the face of record prices…[2]
There’s never been a better time to get into this sector if you’ve been on the sidelines.
The gold market is experiencing a remarkable surge in 2024, with prices breaking through record highs and showing no signs of slowing down.
In fact, Goldman Sachs predicts gold will continue to smash records through 2025.[3]
This rise is fueled by multiple factors.
Central banks are buying it because of its safety, liquidity and return characteristics.[4]
And consumers are doing the same: the heightened retail demand has places like Costco unable to keep gold coins and bars in stock.[5]
Then you consider all the escalating geopolitical uncertainties throughout the world… and throughout history, when conflicts arise so too does the price of the yellow metal.[6]
For investors paying attention to the writing on the wall, it’s no surprise that gold is waking up.
And gold miners could be the best way to supercharge your profits in this sector.
And it all comes down to simple numbers.
If it costs a producer $1,500 to mine an ounce of gold and the price rises from $2,000 to $2,100, their profit jumps from $500 to $600 an ounce.
So, a 5% increase in the price of gold should lead to a 20% jump in profits.
That means gold mining stocks can hand you multiples of what just holding gold would pay you.
And in this rising tide, Austin Gold Corp. (NYSE: AUST) stands out as a prime candidate for those looking to capitalize on this historic opportunity.
A company run by two brothers, with mining in their family’s blood… their most recent exploration results indicate one of its properties holds significant gold grades!
This company is now sitting on land that might be envied by gold explorers everywhere[7]
Until recently, it sat privately, in the same family for more than 60 years.
Yet it’s located in one of the richest gold districts in all of North America.
Located 22 miles northeast of the prolific Carlin Trend and 19 miles south of Jerritt Canyon, both major mining districts contain some of the largest gold deposits in Nevada… where over 100 million ounces of gold have been mined.
It’s practically the script for a Hollywood movie…two mining brothers, set out West and stumble upon a potentially prolific gold property!
Which may explain why… this stock only has buy ratings.[8]
So, if you’d like to know more, make sure you have something handy to write with nearby and jot down Austin Gold Corp. (NYSE: AUST).
Two Brothers with Mining in Their Blood
At Austin Gold Corp., Dennis and Darcy Higgs are trailblazing leaders navigating the company through the complex world of mining.
With over 200 years of combined experience in the junior resource sector, their team is what I call the ‘Kings of Billion-Dollar Mines.’
That’s because Austin Gold Corp. is filled with true explorers and producers.
Two economic geologists on the Advisory Board have discovered over 1 billion ounces of silver.[9]
And over 10 million ounces of gold in their careers so far.
That’s worth almost 60 billion dollars![10]
The Board Members built three companies valued at over $1 billion. One of which was bought out by Newcrest Mining for over $2.8 billion.
That’s a good thing because it means the board is very familiar with scaling companies more than 100 times the size of Austin.[11]
And this excellence truly starts at the top down.
President and Director Dennis Higgs took his first company public in 1985 and has launched several companies since that time, three of which were involved in takeover bids.
His last company was taken over by what is now the largest Uranium producer in the United States, Energy Fuels.[12]
The bottom line is the Board is stacked in a way few resource companies ever will be.
Which is yet another reason they are one of the only exploration companies listed on the NYSE American.
The NYSE Advantage: Credibility and Transparency
A lot of gold exploration companies trade on illiquid or foreign exchanges.
Most juniors trade on the OTC Bulletin Board or Pink Sheets, which can lack the same level of scrutiny and transparency.
Austin Gold’s listing on New York sets it apart from many junior resource companies. The NYSE American listing means that Austin Gold has undergone rigorous examination, adding an extra layer of credibility and reliability.
Since 1792, the NYSE has been America’s premier stock exchange.
And all NYSE exchanges are registered securities exchanges, and are subject to the regulatory oversight of the SEC.[13]
This listing not only reflects Austin Gold’s adherence to high standards of governance and reporting but also provides investors with confidence in the company’s legitimacy and transparency.
It signals that Austin Gold is a serious player in the gold exploration sector, deserving of investor attention.
And considering they’re sitting on properties that could hold multiple discoveries,
underexplored and held privately for years, it’s possible they could add another billion-dollar company to their trophy case!
Dennis Higgs, President of Austin Gold Corp, has famously said: Some of the biggest returns come from discovery.[14]
Those familiar with the legendary Lassonde Curve are aware just how right he is.
This Single Graph Shows Why the Biggest Gains May Be Yet to Come for Austin Gold Corp.
Designed by the famous founder of Franco-Nevada Corporation and former President of Newmont Mining Corporation, Pierre Lassonde, it illustrates the different phases of a mining company’s life cycle, from exploration and discovery to feasibility, development and, finally, production.
The Lassonde Curve suggests that buying before a major discovery is a key strategy for maximizing returns in the junior mining sector.
If you look below, discovery is one of the phases of a resource company’s life cycle where the company’s share price rises the fastest.
Austin Gold’s two main projects: Lone Mountain and Stockade Mountain, which we’ll get into in a moment, could lead to significant discoveries that could make early investors very happy.
But the bottom line is… with potentially multiple discoveries in the gold-rich area of Nevada, now is the time to move Austin Gold to the top of your watchlist.
This hard and fast rise in the share price is likely why Wall Street is hoping this company has a significant new discovery in Nevada.
Like a powder keg, it could be primed to ignite – if Austin Gold (NYSE: AUST) has a significant discovery on any of its projects.
What’s great from an investment standpoint….
Although the price of gold has reached new record highs in 2024, gold miners are still far from their 2011 peaks.[15]
Making this a rare chance to get value and play gold’s rise without dropping $2,600 or more an ounce. Instead, you spend just in the low dollars range …
They have 3 major projects – 2 in Nevada, 1 in Oregon.[16]
Most people don’t realize this but Oregon also has significant gold mineralization. There are literally 7 rivers in Oregon where you can pull nuggets out of the water with your bare hands.[17]
But Austin Gold’s Stockade Mountain is showing far more than just a handful of nuggets…
The company is exploring deeper to find the source of the gold: the high-grade veins that may be the “feeders” to the lower-grade stockwork mineralization found by those earlier explorers. This is what’s called the feeder system.[18]
Austin is pursuing high-grade vein/breccia deposits that would be mined by underground methods and is the first company to target this type of deposit here.
The geology and known historical gold drilling data fit the “epithermal low-sulfidation” model extremely well, meaning this property has district-scale discovery potential.
Results so far included high-grade gold values of 9.32 and 8.19 grams per tonne (“g/t”) over short intervals of chalcedonic vein and breccia, and a long intercept of 260 feet (76.2m) that averaged 0.937 g/t
Austin Gold’s second property, Lone Mountain, is a very large land package situated right in the heart of Nevada’s gold country, 22 miles northeast of the huge Carlin cluster of gold deposits and 19 miles south of the Jerritt Canyon deposits.
With an area totaling over 22 square miles, Lone Mountain is truly district-scale in size, and comprises numerous mineralized areas that would be projects in themselves.
Don’t forget, the Carlin Trend is the largest concentration of gold deposits in North America.
Over 40 deposits have been discovered along this 40-mile-long trend, leading to over 100 million ounces of gold mined in this rich swath of land.
All of those gold deposits were discovered either within a lower plate window, or proximal to them.
Jerritt Canyon is the same thing; the gold deposits are all located within windows.
And what’s even better for Austin Gold… all the gold-rich geological characteristics found at the nearby Carlin deposits are in place at Lone Mountain.
Austin’s Lone Mountain project comprises 13 square miles of a highly mineralized ‘window’ in the middle of this district; the “Lone Mountain Window”.
The host rocks, style of alteration and mineralization, age of the intrusive rocks that make the deposits, geochemistry signature, and geophysics responses are all permissive for discovery.
That could suggest Austin Gold is on the brink of one of Nevada’s historically most prolific deposits!
They are also fully funded for exploration programs planned for the next year.
So they’re not waiting to raise money to start the exploration programs…
Or start drilling.
They’re ready to go right now.
And their financial structure is impeccable!
Austin Gold only has 13,271,750 shares outstanding, a tiny market cap of around $13 million and approximately $7 million in its treasury.
Which could explain why management is holding on so tightly before drill results.
Insiders are so confident in this company; they hold over 50% of the company shares.[19]
Clients of some of the largest brokerage houses have already sniffed this out… and they’re all holding shares.
In summation…
Austin Gold Corp. offers an unparalleled combination of experienced leadership working with serial mine-finders in the southwestern U.S., including Nevada, the world’s number one gold producer by area, and home to some of the world’s largest gold mines.
No one knows what is in the ground before it’s drilled or whether Austin Gold will have a discovery on the projects that they are currently working on…
However, they are exploring for large gold deposits in areas known for hosting large gold deposits! The prize is potentially worth billions of dollars!
When there is a lottery with a billion-dollar prize in the US, there are a lot of people buying the tickets, and only one potential winner.
With a potential billion-dollar prize at Austin Gold, if they have a discovery, all shareholders are potential winners!
You can’t win the lottery if you don’t have a ticket!
8 Important Reasons Today Is the Right Moment to Put Austin Gold (NYSE: AUST) on Your Investment Radar*
1
JAW-DROPPING PROPERTY – Everything I’ve seen at Lone Mountain screams that its 13-square-mile exposed lower plate has the serious potential to transform Austin Gold’s property into the next major district-sized Carlin-type trend.
2
3
THESE GUYS ARE LEGENDS FOR A REASON – Speaking of Bud and Perry, they’re worth following wherever they go. Because if history is correct, they could add to their already monster lifetime discoveries of 1 billion ounces of silver and 10 million ounces of gold.*166
4
KINGS OF BILLON-DOLLAR JUNIORS – Austin Gold’s Chairman Joseph Ovsenek developed, built, opened, and operated the world-famous, high-grade gold Brucejack Mine. His chief exploration officer, Kenneth McNaughton, was right there beside him and now joins Ovsenek on the board of directors. Brucejack is now owned by Newmont, which has a $58 billion market cap.
5
KING OF A BILLION-DOLLAR JUNIOR – Austin Gold’s president, Dennis Higgs, planned, developed, built, opened, and operated the Uranerz Nichols Ranch uranium mine in Wyoming. Then he arranged a $320 million merger with Energy Fuels (NYSE:UUUU), which today sports an almost $1 billion market cap. Since 2020, its shares are up 604%.167,168
6
7
8
In conclusion, with inflationary pressures the Fed is trying to control and the geopolitical risks of the world, gold is expected to continue to be a safe haven.[20]
How high could it go? Recently, Brien Lundin, editor of Gold Newsletter, stated “I think the gold price is going to be somewhere between US$6,000 and US$8,000.”[21]
Central bankers are buying it up faster than ever.[22]
Meaning if you were ever going to play gold… now could be the time.
And if you were going to pick a single company to do it, Austin Gold is a rare gold exploration play listed on the NYSE American.
The market capitalization of Austin Gold is only around $13 million, with Directors and Officers holding an amazing 50% of the shares!
Austin Gold should 100% be on your radar.
The ticker is NYSE: AUST.
And currently shares are priced in the low dollars.
So, if you’re like me and believe this tiny NYSE gold explorer has a big future, you’ll move Austin Gold (AUST) to the top of your watchlist.
Good investing!
P.S. Still want more information on Austin Gold (NYSE: AUST)?
I’d like to offer you access to Austin Gold’ Investor Presentation, which you can have at no charge. I’ll also begin a free subscription for you to our online investor newsletter, EdgeontheStreet.com.Sign up below to learn about this investment opportunity.
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[1] https://www.kitco.com/news/article/2024-09-19/opportunity-gold-stocks-compelling-any-weve-seen-history-gold-market
[2] https://www.axios.com/2024/01/31/central-banks-buy-gold
[3] https://www.goldmansachs.com/insights/articles/gold-prices-forecast-to-climb-to-record-high
[4] https://www.gold.org/goldhub/data/gold-reserves-by-country#:~:text=Gold%20is%20an%20important%20component,has%20been%20mined%20throughout%20history
[5] https://www.cbsnews.com/news/costco-gold-bars-selling-out-heres-what-they-cost/
[6] https://duckduckgo.com/?q=political+tensions+causing+gold+to+rise&atb=v319-1&ia=web
[7] https://equifund.com/blog/gold-in-nevada/
[8] https://finance.yahoo.com/quote/AUST/analysis/
[9] https://www.youtube.com/watch?v=MWCplfxCyoM
[10] https://www.google.com/finance/quote/SIW00:COMEX?sa=X&sqi=2&ved=2ahUKEwjcnojY9L-GAxX0E1kFHWzdD-gQ3ecFegQIIRAX, https://www.google.com/finance/quote/GCW00:COMEX 1,000,000,000 x 30.80 + 10,000,000 x 2,360.25
[11] https://www.youtube.com/watch?v=BIgNtrcJ9fk
[12] https://austin.gold/corporate/management-and-directors/
[13] https://www.nyse.com/regulation/rules#:~:text=Rules%20and%20Disciplinary%20Actions,and%20Rule%2019b%2D4%20thereafter.
[14] https://www.youtube.com/watch?v=3uRkZyDUjqM
[15] https://elements.visualcapitalist.com/gold-price-vs-gold-mining-stocks/
[16] https://austin.gold/projects/overview/
[17] https://raregoldnuggets.com/?p=3628
[18] https://youtu.be/MWCplfxCyoM?si=ZlkrNYGD1kGFA3Ap&t=220
[19] https://austin.gold/investors/presentation/
[19a] https://www.youtube.com/watch?v=BIgNtrcJ9fk&list=PLyDPcTo-mBNq6sXWvViehI6pfzzZXTO6R&index=44
[19b] https://finance.yahoo.com/quote/UUUU/
[19c] https://austin.gold/corporate/management-and-directors/
[20] https://www.msn.com/en-us/money/realestate/the-fed-is-struggling-to-break-the-back-of-inflation-heres-why/ar-BB1mofU2
[21] https://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/highest-price-for-gold/
[22] https://www.axios.com/2024/01/31/central-banks-buy-gold
