{"id":10984,"date":"2023-11-23T14:21:00","date_gmt":"2023-11-23T18:21:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=10984"},"modified":"2026-10-24T17:28:37","modified_gmt":"2026-10-24T21:28:37","slug":"largest-whn-shareholder-once-owned-harry-winston","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/largest-whn-shareholder-once-owned-harry-winston\/","title":{"rendered":"Largest WHN Shareholder Once Owned Harry Winston"},"content":{"rendered":"\n

Westhaven Gold (TSXV: WHN)’s Chairman<\/strong> and largest <\/span>shareholder<\/span> Grenville Thomas<\/strong> owns<\/span> 23.2 million<\/span> WHN shares<\/strong> for a 16.5% stake<\/strong><\/span> in the company. He was previously the Founder<\/strong>, Chairman<\/strong>, and President<\/strong> of Aber Resources<\/strong> where he discovered<\/strong><\/span> the Diavik Diamond Project<\/strong> in the Northwest Territories<\/strong>, which caused Aber Resources<\/strong> to rise<\/strong><\/span> from $0.80 per share up to<\/span> $28 per share<\/strong> for a gain of 3,400%<\/strong><\/span>.<\/span><\/span><\/p>\n\n

Grenville Thomas<\/strong> changed his company’s name to Aber Diamond Corporation<\/strong> and entered into<\/strong><\/span> a Joint Venture<\/strong><\/span> with Rio Tinto<\/strong> to develop<\/strong><\/span>\/construct<\/strong><\/span> the Diavik Diamond Mine<\/strong>.<\/span><\/span><\/p>\n\n

Aber Diamond Corporation <\/b>was able to retain a 40% stake<\/strong><\/span> in the Diavik Diamond Mine<\/strong> and when it entered production<\/strong><\/span>, the Diavik Diamond Mine<\/strong> was the #1 largest producing<\/span> Diamond Mine<\/strong> in North America<\/strong> and #9 largest producing<\/span> Diamond Mine worldwide<\/span><\/strong>. Aber Diamond Corporation rose to a high<\/span><\/strong> of $52.50 per share<\/strong> allowing shareholders to achieve a maximum gain of 6,462.50%<\/strong><\/span>.<\/span><\/span><\/p>\n\n

The Diavik Diamond Mine<\/strong> was so extremely profitable<\/strong><\/span> that Grenville Thomas<\/strong> didn’t<\/strong><\/span> know what to do<\/strong><\/span> with all of their incoming cash flow<\/strong><\/span>!<\/span><\/span><\/p>\n\n

Grenville Thomas <\/strong>decided to have Aber Diamond Corporation<\/strong> invest<\/strong><\/span> some of its profits<\/strong><\/span> to acquire 100% ownership <\/strong><\/span>of Harry Winston<\/strong>.<\/span><\/span><\/p>\n\n

Harry Winston <\/b>is one of the “Big 3<\/span>” global high-end luxury<\/span> jewelry brands<\/strong> along with Tiffany<\/strong> and Cartier<\/strong>.<\/span><\/span><\/p>\n\n

Grenville Thomas<\/strong> once again changed his company’s name to Harry Winston Diamond Corp<\/strong>. After a period of six years, it <\/strong>sold Harry Winston <\/strong>to Swatch<\/strong> at a huge premium<\/strong><\/span>!<\/span><\/span><\/p>\n\n

After selling<\/strong><\/span> Harry Winston<\/strong> to Swatch<\/strong>, Grenville Thomas<\/strong> decided to launch his own<\/span> gold company<\/span><\/strong> to explore<\/span> Canada’s largest new<\/span> gold belt<\/span><\/strong>. His gold company<\/strong><\/span> is called Westhaven Gold (TSXV: WHN)<\/strong> and because WHN owns 100% <\/span><\/strong>of four<\/strong> gold projects<\/strong><\/span> in the <\/strong>Spences Bridge Gold Belt (SBGB)<\/strong> covering 370 square km<\/strong><\/span>, they had a lot of ground to explore, and the company wasn’t<\/strong><\/span> immediately a success<\/strong><\/span>. Luckily for Grenville Thomas <\/strong>he became extremely wealthy<\/strong><\/span> on Aber Diamond\/Harry Winston<\/strong> and was able to continue funding<\/span> WHN<\/strong> when nobody<\/strong><\/span> else believed<\/strong><\/span> in the company. <\/strong>It took several years of exploration<\/strong><\/span> for WHN<\/strong> to finally make its first<\/strong><\/span> big <\/strong><\/span>gold discovery<\/strong><\/span> in 2018 causing WHN<\/strong> to gain by 793.75%<\/strong><\/span> to a high of $1.43 per share<\/strong> within four months of its initial<\/span> gold discovery<\/span> hole<\/strong>.<\/span><\/span><\/p>\n\n

WHN has many pending assays<\/span> from recent <\/span>drill holes that haven’t<\/span> been announced<\/span> yet!<\/em><\/strong><\/span><\/span><\/p>\n\n

The TSX Venture Composite Index<\/strong> is up by 0.51%<\/strong><\/span> today and needs to rise another 535.63%<\/strong><\/span> to return<\/strong><\/span> to its 2007 high<\/span><\/strong> of 3,372<\/strong>. <\/span><\/span>Happy Thanksgiving<\/strong> to all NIA members!<\/span><\/span><\/p>\n\n

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. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from WHN of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Westhaven Gold (TSXV: WHN)’s Chairman and largest shareholder Grenville Thomas owns 23.2 million WHN shares for a 16.5% stake in the company. He was previously the Founder, Chairman, and President of Aber Resources where he discovered the Diavik Diamond Project in the Northwest Territories, which caused Aber Resources to rise from $0.80 per share up […]<\/p>\n","protected":false},"author":1,"featured_media":10985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[9,118],"class_list":["post-10984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-gold","tag-whn"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/10984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=10984"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/10984\/revisions"}],"predecessor-version":[{"id":10986,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/10984\/revisions\/10986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/10985"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=10984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=10984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=10984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}