Things got hot and heavy yesterday for my most recent champ, U.S. Gold Corp. (USAU). Opening at $4.88, the stock cruised to a high of $9.50

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Yesterday's NASDAQ Stock Profile (USAU) Blazes Approximately 94% Intraday - Keep It On Your Radar

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March 25th

Good Morning,

Things got hot and heavy yesterday for my most recent champ, U.S. Gold Corp. (USAU).

Opening at $4.88, the stock cruised to a high of $9.50 on the day after a major news release provided an important corporate update.

From an intraday standpoint, that was a run of approximately 94% and made USAU our most recent breakout runner this month.

By the way, in case you missed it, gold has been surging immensely over the past week.

Look here right now.

Now, pair that with yesterday's PR and you can see why I'm so excited:

U.S. Gold Corp. Announces Updated Copper King Economics Showing NPV of $321.6Mn and IRR of 52%

ELKO, Nevada, March 24, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today is pleased to announce that it has internally updated the economics of the Copper King deposit to reflect the recent rise in gold prices. Mine Development Associates' (MDA) Preliminary Economic Assessment (PEA), dated December 5, 2017 which was based upon $1275 gold and $2.80 copper prices.

Gold prices have risen substantially since the Copper King PEA was published. U.S. Gold Corp. used $1.6K gold and $2.80 copper for its internally updated economic calculation, which was completed in early March, 2020. Highlights of the updated internal calculations show:

Investment Highlights based on PEA

  • At $1.6K gold and $2.80 copper, based on preliminary data, Copper King is projected to generate Pre-Tax Cash Flow of $510.54
  • MnThe Net Present Value (NPV), based on preliminary data, at a 5% discount rate, is projected to be $321.60
  • MnThe Pre-Tax Internal Rate of Return (IRR) based on preliminary data, is projected to be 52%
  • At $1.6K gold, Copper King deposit economics are 80% gold and 20% copper

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U.S. Gold Corp. is a U.S.-focused gold exploration and development company advancing high potential projects in Nevada and Wyoming. USAU is listed on the NASDAQ exchange.

Currently, USAU has a $27 analyst price target which provides the stock with tremendous upside potential. You'll want to keep it on your radar again today.

To help yourself prepare for your next stock profile, I would suggest doing the following right this moment:

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I'll be back to you soon. Talk shortly.

Sincerely,

Kai Parker

StockWireNews


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

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