So much to take in, so little time.


Wednesday Morning (USAU) Complete Update

March 16th

Good Morning,

So much to take in, so little time.

USAU had an interesting day Tuesday. Let's recap.

First off the company released this big news: U.S. Gold Corp. Finds Further Evidence of High-Grade within the CK Gold Project Resource and Reserve Base - 10ft of 11.8 g/t Gold and 7.8% Copper (22.7 g/t AuEq)

With the price of gold surging to over $2,000 an ounce in recent weeks, retail in-vest-ors and institutions alike have been all over gold related companies.

Heck. Just take a look at what happened with AMC yesterday and its purchase of 22% of Hycroft Mining (NASDAQ: HYMC).

Now, imagine another company like AMC takes a significant interest in USAU (another Nasdaq profile just like HYMC).

To put it simply, things could get wild.

From a technical standpoint, USAU closed Tuesday above several lines of potential support including its:

  • 5-Day Exponential Moving Average (EMA)
  • 13-Day EMA
  • 20-Day Simple Moving Average (SMA)
  • 50-Day SMA

If potential support grows at these levels, it could act as building blocks for a USAU vertical move in the near term.

Take a moment now to check out my complete USAU report below and get it on your radar now.


Let me get to it quickly because the markets are open and you're busy.

I've got 4 words for you...

Nasdaq. Past. Champ. Alert.

Got your attention? Good.

In fact, this Nasdaq profile even delivered a move over approximately 100%+ in the blink of an eye after one specific time I brought it to your attention.

Could it be gearing up for another potential short term breakout?

Gold Set To Potentially Rally In Coming Months - Here's Why

Trust in fi-n-an-cial institutions and central banking has been waning to say the least.

This has created renewed support for tangible assets having value not based on government fiat.

We have gold because we cannot trust governments," President Herbert Hoover famously said in 1933 in his statement to Franklin D. Roosevelt. (1)

1933 was nearly a century ago, but with such uncertainty over the past few decades, it’s no surprise that traders have time and time again turned to safe haven assets.

Investopedia defines a "safe haven" as a type of in-vest-ment that is expected to retain or increase in value during times of market turbulence. (2)

Remember the 2008 fin-an-cial crisis? Beginning in 2007 and running through 2009, gold ran to unprecedented highs and surged hundreds of dollars in price. (3)

The price of 1 ounce of gold hit an all-time record of $1,895 on September 5, 2011, in response to worries that the United States would default on its debt. (3)

CV19? It sent gold prices skyrocketing to over $2,000 an ounce in 2020. (3)

Now here we are in 2022 and uncertainty has become our daily lives.

So, where do people turn to when it’s hitting the fan? One safe haven option is gold and gold miners.

For these reasons and more, I've been tracking different gold related companies and have been keeping an eye on a past champ closely that you should get on your radar.

Today, there is only one Nasdaq profile to have on your screen:

*U.S. Gold Corp. (USAU)*

U.S. Gold Corp. is a publicly traded, U.S. focused gold exploration and development company. The company has a portfolio of exploration properties.

Copper King, now the CK Gold Project, is located in Southeast Wyoming and has a Preliminary Economic Assessment (PEA) technical report, which was completed by Mine Development Associates. Keystone and Maggie Creek are exploration properties on the Cortez and Carlin Trends in Nevada. The Challis Gold Project is located in Idaho.

But maybe more importantly, this has been a 3X champ after my alerts.

Brought to you back on August 13th, 2020, at approximately $11.32. it climbed to $14.27 on August 18th, 2020 for a near $3.00 move.

Before that, I released this profile on March 24, 2020, at approximately $4.88 and saw it run to $12.74 on March 25th, 2020, for a 161% (approx.) run.

More recently, I alerted USAU back in December of 2020 and watched as it opened at $13.92 before running to a high of $17.40 within 1 week for a short-term move of approximately 25%.

Amazing 5 Year Run For Gold

Just check out the chart for yourself:


With so much uncertainty in the world, gold prices have been able to maintain $1700 support since mid-2020.

This is up significantly from a sub-$1200 low towards the end of 2016 above.

If gold continues to grow like it has over this past 5 year trend, the chances of added attention towards exploration companies may only become greater and greater.

Doesn't that make you want to take another look at what USAU is up to?

U.S. Gold Corp. (USAU) Overview


Find the full company presentation here.


And right now, USAU has multiple potential catalysts that could provide this profile with another breakout spark.

Here's a few to wrap your head around immediately:

#1 USAU Potential Breakout Catalyst - Another Low Float Idea

According to the Yahoo Finance website, USAU has a low float.

The website reports this profile to have approximately 6.31Mn shares in its float.

Why is that important? It's important on one crucial level. Volatility.

With so few shares available for trading, other potential catalysts (like big news) could spark a vertical move in the short-term.


#2 USAU Potential Breakout Catalyst - Strong Analyst Price Targets

At least two different analysts are providing strong targets for USAU. Check them out:


(from MarketBeat)

From Monday's USAU closing valuation of $8.00+, these analysts are providing targets over 95%+ higher.

Now, I'm not saying that these targets are going to be hit today or this week, but it's important to take notice of the potential upside these analysts are pointing to for USAU.


#3 USAU Potential Breakout Catalyst - Contracting Of Samuel Engineering For Next Phase At CK Gold

U.S. Gold Corp. Contracts Samuel Engineering Inc. to Complete the Next Phase of Engineering for the CK Gold Project

Following a competitive tender and bid process we are pleased to announce that Samuel Engineering Inc., a minority-owned firm headquartered in Denver, Colorado, was awarded a contract for the next phase of engineering for the CK Gold Project in SE Wyoming

The CK Gold Project has excellent leverage to the current rising precious and base metal price environment

CHEYENNE, Wyo., March 10, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) announced that Samuel Engineering Inc. ("Samuel") has been awarded the next phase of engineering for its CK Gold Project in southeast Wyoming. Several engineering firms submitted bids to conduct the next phase of engineering that can lead to a full feasibility study and necessary engineering to support project development. Samuel has been in business for 25-years and is headquartered in Denver, Colorado. Importantly, Samuel has is an office in Rock Springs Wyoming and a presence in Douglas. Samuel has extensive experience covering 14 states in the United States as well as providing services to over 300 customers worldwide. Samuel has extensive experience in the engineering and development of plants and infrastructure with a similar scale and configuration that we have developed for the CK Gold Project.

In commenting on this appointment, George Bee, President and CEO of U.S. Gold Corp. said, "We are delighted to have found Samuel, who has demonstrated a quick grasp of what we hope to accomplish at the CK Gold Project. With gold and copper prices approaching all-time highs, we are excited to advance the CK Gold Project towards permitting and production as quickly as prudently possible. Samuel has worked extensively in Wyoming, and they are familiar with the conditions and the resources available within the state. It is important to keep as much of the benefit of the CK Gold Project in-state and design the facilities to be safe, functional, and appropriate for the conditions and environment. An understanding of the local contracting, services and suppliers will serve Samuel in furthering the design of an efficient plant which conserves capital while getting the task accomplished. Samuel has been willing to work with and build upon the work completed by other contractors and consultants including Trihydro of Laramie, Wyoming who continues with the preparation of our permit submission, environmental monitoring and tailing storage facility design. We hope that this relationship with Samuel will lead to us developing the CK Gold Project together, an important new domestic source of gold and copper production with many other spin-off benefits to the state of Wyoming and the local communities."


Read the full article here.


#4 USAU Potential Breakout Catalyst - Company Strengthens Balance Sheet And Gives Important Update

U.S. Gold Corp. Strengthens Balance Sheet and Provides Solid Runway to Additional Key Milestones

In the backdrop of rising gold and copper prices, the Company is on track to complete the next development steps for the CK Gold Project and submit Mine Permit application mid-year 2022

CHEYENNE, Wyo., March 2, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) is providing an operational and fin-an-cial update following its $2.5Mn registered direct offering announced on February 15, 2022 (the "Fin-an-cing"). The Company reports that it is on track to complete the next phase of engineering for its CK Gold Project in southeast Wyoming and expects to submit a Mine Permit application to Wyoming authorities. Both the submission of the permit application and the completion of the next phase of engineering are targeted for mid-year 2022.

In commenting on the Fin-an-cing, George Bee, President and CEO of U.S. Gold Corp. said, "In light of the recent geopolitical environment, we are seeing gold prices rallying towards an all-time high, surging well above $1,940 an ounce and forecasted to reach $2,150 an ounce as Goldman Sachs and others raise their forecasts given supply chain disruptions and the inflationary outlook. As a result, gold continues to be viewed as a safe-haven commodity that will likely see a much bigger rally in the near-term and long-term future. On a corporate development level, we have made some tremendous progress and published a Pre-Feasibility Study ("PFS") largely on data acquired during the 2020 field season, indicating a promising outlook for our CK Gold Project. Confident of the potential of the CK Gold Project, we conducted field activities in 2021 while still finalizing the PFS to fill gaps in the data available to facilitate the fast-track development of the project. We drilled 45 holes for the purpose of hydrological, geochemical, geotechnical, groundwater monitoring and condemnation studies to achieve a high degree of confidence related to the rock and hydrological conditions surrounding the project. We dug, sampled, logged, reclaimed and reseeded 128 holes covering 450-acres of the project footprint as part of the site investigation in preparation for construction. Several potential sites for facilities were investigated with seismic surveys to complement the drilling and test pit program to ensure that we can properly assess earthworks in our capital estimates, establish topsoil quality for eventual reclamation and the sources of borrow material for facility construction. Our ability to bring the project into production is, of course, predicated on receipt of permits from Wyoming State Lands and the Wyoming Department of Environmental Quality. Our field activities and studies are aimed at a very complete, well supported permit application."

In terms of the quantum of the Fin-an-cing, Bee went on to comment, "With the costly fieldwork having been paid for in 2021, studies building on the PFS to take the project to the next stage of development are well in hand and we believe we have sufficient funds to meet the next key milestones in our pathway to development. We are very grateful to the group of largely existing shareholders who participated in this top-up of our treasury. With proven and probable reserves that currently stand at over 1Mn ounces of gold and 248Mn pounds of copper in a rising price environment, we believe that bringing this US domestic production will have widespread benefits. While we know that there are additional mineral resources requiring further exploration expenditures, our priority is to bring to book the commercially attractive copper-gold project identified in our PFS, published December 1, 2021."


Read the full article here.


#5 USAU Potential Breakout Catalyst - CEO Update Outlining Key Milestones

U.S. Gold Corp. Issues CEO Update on Project Advancements

CHEYENNE, Wyo., Jan. 26, 2022 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and development company, today announced that it has issued a CEO update outlining the Company's recent and expected milestones, as it continues to advance its assets and mining projects.

Highlights include:

  • Update on the CK Gold Project prefeasibility study ("PFS") in Wyoming
  • Advancement of the CK Gold Project in 2022 toward permitting

"I am proud of all of the work U.S. Gold Corp. has accomplished since I joined in August 2020," stated George Bee, President, Chief Executive Officer and Chairman of U.S. Gold Corp. "As we continue to push forward and advance our CK Gold Project, we anticipate 2022 to be an even more productive year for us. Some of the activities that in-vest-ors can look forward to are as follows:

  • Updates as we advance the prefeasibility study to feasibility incorporating some of the project enhancements and capital equipment reductions we expect to incorporate,
  • Finalizing our CK Gold Project mine permit application and its submission to the Wyoming state authority's mid-year,
  • Pursuit of ways to monetize the aggregate potential of the non-gold and copper bearing rock at the CK Gold Project, whose excellent quality has been confirmed through test work,
  • Continued community outreach to build support for the CK Gold Project,
  • Advancing the excellent exploration potential of our Nevada assets on the Carlin and Cortez trends where we have found a host rock and structural setting that could lead to significant discoveries, and
  • Broadening our market presence beyond our current United States NASDAQ Capital Market listing.

We are a small but efficient team with little overhead focused on deploying capital prudently to create value for our shareholders. We continue to entertain the prospect of incorporating quality partners to advance our exploration portfolio."

A copy of the letter is available on our website at

Read the full article here.


USAU Recap - The Top 5 Potential Catalysts

#1 - Another Low Float Idea

#2 - Strong Analyst Price Targets

#3 - Contracting Of Samuel Engineering For Next Phase At CK Gold

#4 - Company Strengthens Balance Sheet And Gives Important Update

#5 - CEO Update Outlining Key Milestones


Coverage if officially reinitiated on USAU. When you have time later, do this:


Get USAU on your radar now.


Kai Parker


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(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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