Westward Gold Gains 9.52% to $0.115 on Highest Volume Day in Years

NIA’s latest brand-new stock suggestion Westward Gold (CSE: WG) gained by 9.52% today to $0.115 per share on strong volume of 2.39 million shares, its highest volume day of the last two years.

Keith Neumeyer, CEO of First Majestic Silver (AG) and Chairman of First Mining Gold (TSX: FF) owns a 2.7% stake in WG. He almost never invests in Nevada gold stocks. He typically focuses on Canadian and Mexican-based gold/silver plays, but he clearly sees potential here for a Fourmile-type high-grade gold discovery, just like we do.

WG Chairman and world-renowned geologist Dr. Quinton Hennigh actually discovered First Mining Gold (TSX: FF)’s 5+ million ounce Springpole Gold Project in Ontario, which is likely to receive environmental approval very soon.

Dr. Quinton Hennigh, by utilizing a palinspastic reconstruction of the Great Basin, identified the Toiyabe District as a critical, previously missing piece of the world-class Cortez Gold District. WG’s 100% owned Toiyabe Hills Gold Project is now viewed as part of the same geological system, and WG, through its upcoming drilling program at the SSD Zone, is aiming to unlock high-grade gold mineralization similar to Barrick’s once-in-a-century Fourmile discovery located in the directly adjacent Cortez Gold Complex.

When Barrick’s Fourmile enters production, the Cortez Gold Complex, located directly adjacent to Westward Gold (CSE: WG)’s Toiyabe Hills Gold Project, is expected to become the largest producing gold complex anywhere in the world. This is why Barrick is spinning off its Nevada gold assets later this year in what is widely expected to become the largest gold IPO in history.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from WG of US$60,000 cash for a six-month marketing contract. NIA has received compensation from FF of US$100,000 cash for a twelve-month marketing contract and previously received US$50,000 cash for a six-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.