Westward Gold Hits Another New 52-Week High

Westward Gold (CSE: WG) gained by 5.41% on Friday to $0.195 per share and hit a new 52-week high of $0.20 per share. WG’s market cap is still only US$32.89 million when they are drilling directly adjacent to Fourmile, the #1 largest high-grade gold discovery of the century that will act as the cornerstone of Barrick’s record-breaking North American IPO coming later this year.

We so far have only gotten assay results for the first of three trenches. The other two trenches have assays pending. WG has also drilled two shallow core holes proximal to the trench where they just discovered high-grade gold, for the purpose of further confirming structural and stratigraphic controls on gold mineralization so they can best direct the really deep RC holes towards the potential Fourmile-like high-grade gold at depth.

We totally agree with WG’s Lead Technical Advisor Steve Koehler, who said on Tuesday, “It’s hard to come by a more compelling set of targets in Carlin-type exploration and we’re very excited to get holes down imminently.”

Almost all of NIA’s recent gold stock suggestions have become big winners and NIA’s latest brand-new gold stock suggestion Xali Gold (TSXV: XGC) has a current market cap at $0.24 per share of only US$29.02 million when they recently acquired Pico Machay from Pan American Silver (PAAS) with total historical gold resources of 710,000+ oz and near-term development/production potential. XGC is totally undiscovered at ground-floor prices and won’t be here for long!

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 is receiving compensation from XGC of US$75,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.