Westward Gold Hits New 52-Week High and New Highs Coming for First Mining

Westward Gold (CSE: WG) hit a new 52-week high today of $0.19 per share. The 900m-deep RC holes are about to begin, targeting the Fourmile-like high-grade gold.

Westward Gold stock chart

WG Chairman Quinton Hennigh previously discovered the Springpole Gold Project of First Mining Gold (TSX: FF), whose Chairman Keith Neumeyer is a major WG shareholder. FF gained by 4.35% today to $0.72 per share, and its market cap is now $1 billion+ vs. WG's tiny market cap, equal to approximately 1/23rd of First Mining. FF has so far gained by 364.52% since our suggestion at $0.155 per share, but this is nothing because FF has received EA approval, and there are very few approved large-scale gold projects with near-term development potential.

First Mining Gold stock chart

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.