Sep 28, 2010

Bidding War for NIA's Capital Gold

 
 
It appears as though a bidding war could be breaking out for NIA's Capital Gold (CGC). After gaining 14% yesterday it is up another 12% today to $4.87. It is now trading for well above Timmins Gold's buyout offer of $4.36 USD.
 
As we said when we suggested CGC to you at $2.48, Gammon Gold previously made an offer to buy the company. There are obviously multiple companies interested in acquiring CGC. The stock is now up 96% from our suggestion price.
 
We hope to have some new gold and silver stock suggestions for you in late-October, coinciding with the release of our new documentary about America's societal collapse.
 
 
A co-founder of NIA has purchased 20,150 shares of CGC and could sell them at any time.


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