WG to Re-Rate Like BCM Resources Did Earlier This Month

Westward Gold (CSE: WG) is likely to re-rate like BCM Resources (TSXV: B) did earlier this month, another Quinton Hennigh company.

WG is the most exciting story in today's gold sector, being directly adjacent to Fourmile.

Fourmile is now worth an estimated US$15 billion.

How on earth is WG's market cap this low when they just intersected 12m of 8.06 g/t gold in the first core drill hole, with the second core drill hole pending and the RC rig now drilling the first deep hole?

WG is about to become the most talked about junior gold explorer ahead of Barrick's record-breaking North American IPO later this year.

For rare earths, Saga Metals (TSXV: SAGA) will re-rate next, exactly like Rare Element Resources (REEMF) did. We haven't gotten any Wolverine drilling results yet… drilling has just begun, and it will take weeks to get any results. SAGA has a slight warrant overhang, but nothing extreme like Volta Metals (CSE: VLTA). The most recently issued SAGA warrants are at $1.10 per share vs. VLTA's newly issued warrants at $0.25 per share. Our guess is SAGA re-rates first after drilling results, especially since it's a former REEMF-owned property, and then VLTA later in the year.

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 SAGA of US$100,000 cash for a twelve-month marketing contract. This message is for informational and educational purposes only and does not provide investment advice.