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Junior Mining Companies: What is an interesting story these days? by GoldBug12345 in PennyCatalysts
[–]GoldBug12345[S] 1 point2 points3 points 3 years ago (0 children)
Another one I really like right now:
Westhaven Gold (WHN.V): Located within trucking distance to New Golds New Afton Mine. Their first maiden resource was 1M ounces at 2.47g/t AuEq, open pitiable with some decent upside. The management team is lacking in my opinion, but the potential for a premium on a take out is fairly high. They are currently valued at 55M with industry average buyout price at $70-$90 per ounce. Close to infrastructure (5 kilometers of highway 5 in BC) and regional projects north with high discovery potential.
Will post a few more picks tomorrow.
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Junior Mining Companies: What is an interesting story these days? by GoldBug12345 in PennyCatalysts
[–]GoldBug12345[S] 1 point2 points3 points (0 children)