{"id":8302,"date":"2026-05-06T22:17:29","date_gmt":"2026-05-07T02:17:29","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=8302"},"modified":"2026-05-06T22:17:33","modified_gmt":"2026-05-07T02:17:33","slug":"massive-insider-buying-in-westward-gold-cse-wg","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/massive-insider-buying-in-westward-gold-cse-wg\/","title":{"rendered":"Massive Insider Buying in Westward Gold (CSE: WG)"},"content":{"rendered":"\n<div style=\"font-family:Tahoma, Geneva, sans-serif; font-size:14px; line-height:1.6; color:#222; max-width:740px; margin:0 auto;\">\n\n<p style=\"margin:0 0 14px;\">One of the most overlooked aspects of <strong>Westward Gold (CSE: WG)<\/strong> right now may be the sheer scale of <span style=\"color:#27ae60;\"><strong>long-term insider accumulation<\/strong><\/span> that has quietly taken place during the past several years.<\/p>\n\n<p style=\"margin:0 0 14px;\">After reviewing insider filings in detail, NIA discovered that multiple key insiders and major shareholders of <strong>WG<\/strong> have collectively accumulated <strong>millions of shares<\/strong> through:<\/p>\n\n<ul style=\"margin:0 0 14px 20px; padding:0;\">\n\t<li style=\"margin-bottom:6px;\">Open market purchases<\/li>\n\t<li style=\"margin-bottom:6px;\">Private placements<\/li>\n\t<li style=\"margin-bottom:6px;\">Strategic transactions<\/li>\n\t<li style=\"margin-bottom:6px;\">Corporate investment vehicles<\/li>\n<\/ul>\n\n<p style=\"margin:0 0 14px;\">Most importantly, many of these insiders were accumulating shares at prices <strong>significantly ABOVE current WG trading levels<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px;\"><strong>Westward Gold CEO Colin Moore<\/strong> originally acquired <strong>1.2 million shares<\/strong> in July of 2021 through the acquisition of private Nevada-focused explorer <strong>Momentum Minerals<\/strong> by what later became Westward Gold. The implied transaction valuation for these shares was <strong>$0.27 per share<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px;\">Even after later direct sales, Moore continued aggressively accumulating shares through his private company <strong>Bridgeview Consulting Ltd.<\/strong>, which purchased approximately <strong>2.7 million shares<\/strong> through financings and open market purchases.<\/p>\n\n<p style=\"margin:0 0 14px;\">Combining Moore&#8217;s:<\/p>\n\n<ul style=\"margin:0 0 14px 20px; padding:0;\">\n\t<li style=\"margin-bottom:6px;\">Direct ownership<\/li>\n\t<li style=\"margin-bottom:6px;\">Bridgeview Consulting ownership<\/li>\n<\/ul>\n\n<p style=\"margin:0 0 14px;\">Moore currently appears to control approximately <strong>3.5+ million WG shares<\/strong>, with an estimated blended historical acquisition cost near <strong>$0.14-$0.15 per share<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px;\"><strong>Andrew Nelson<\/strong>, through <strong>GNA Financial Advisors Inc.<\/strong>, disclosed an opening position of approximately <strong>2.06 million shares<\/strong> in October of 2021 before beginning an even larger accumulation campaign.<\/p>\n\n<p style=\"margin:0 0 14px;\">Since then, Nelson has accumulated shares through dozens of additional purchases in both the open market and financings, increasing GNA&#8217;s ownership position to approximately <strong>9 million shares<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px;\">Based on NIA&#8217;s calculations, Nelson&#8217;s disclosed acquisitions since 2021 represent approximately:<\/p>\n\n<ul style=\"margin:0 0 14px 20px; padding:0;\">\n\t<li style=\"margin-bottom:6px;\"><strong>7.6+ million additional shares acquired<\/strong><\/li>\n\t<li style=\"margin-bottom:6px;\"><strong>~$683,000 invested<\/strong><\/li>\n\t<li style=\"margin-bottom:6px;\"><strong>Estimated blended acquisition cost near $0.09\/share<\/strong><\/li>\n<\/ul>\n\n<p style=\"margin:0 0 14px;\">Importantly, Nelson&#8217;s buying was not limited to cheap financings. Multiple purchases occurred at prices ranging from <strong>$0.12-$0.17\/share<\/strong>, well above current WG trading levels.<\/p>\n\n<p style=\"margin:0 0 14px;\"><strong>Major shareholder Mark Monaghan<\/strong> may be even more impressive.<\/p>\n\n<p style=\"margin:0 0 14px;\">Through:<\/p>\n\n<ul style=\"margin:0 0 14px 20px; padding:0;\">\n\t<li style=\"margin-bottom:6px;\">Direct ownership<\/li>\n\t<li style=\"margin-bottom:6px;\"><strong>Dalvay Capital Corp.<\/strong><\/li>\n\t<li style=\"margin-bottom:6px;\"><strong>East River Management Ltd.<\/strong><\/li>\n<\/ul>\n\n<p style=\"margin:0 0 14px;\">Monaghan appears to control nearly <strong>6 million WG shares<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px;\">Unlike many junior mining insiders, Monaghan&#8217;s filings show:<\/p>\n\n<ul style=\"margin:0 0 14px 20px; padding:0;\">\n\t<li style=\"margin-bottom:6px;\">No meaningful insider selling<\/li>\n\t<li style=\"margin-bottom:6px;\">Repeated financing participation<\/li>\n\t<li style=\"margin-bottom:6px;\">Aggressive open market buying<\/li>\n\t<li style=\"margin-bottom:6px;\">Large purchases at prices as high as <strong>$0.15\/share<\/strong><\/li>\n<\/ul>\n\n<p style=\"margin:0 0 14px;\">One particularly notable transaction was a massive <strong>987,000-share open market purchase<\/strong> through East River Management at <strong>$0.12\/share<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px;\"><strong>Quinton Hennigh<\/strong>, one of the mining industry&#8217;s most respected exploration geologists, also became a major WG shareholder after joining the company.<\/p>\n\n<p style=\"margin:0 0 14px;\">Hennigh accumulated approximately <strong>950,000 additional shares<\/strong> through:<\/p>\n\n<ul style=\"margin:0 0 14px 20px; padding:0;\">\n\t<li style=\"margin-bottom:6px;\">Private transactions at $0.08\/share<\/li>\n\t<li style=\"margin-bottom:6px;\">Open market purchases at $0.095\/share<\/li>\n\t<li style=\"margin-bottom:6px;\">Open market purchases at $0.105\/share<\/li>\n<\/ul>\n\n<p style=\"margin:0 0 14px;\">Importantly, Hennigh continued buying shares <strong>as the price increased<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px;\">Additional insiders including <strong>Robert John Edie<\/strong> and <strong>David Kelley<\/strong> also participated in multiple WG financings.<\/p>\n\n<p style=\"margin:0 0 14px;\">Overall, NIA believes <strong>Westward Gold<\/strong> may currently possess one of the <span style=\"color:#27ae60;\"><strong>strongest insider ownership<\/strong><\/span> and <span style=\"color:#27ae60;\"><strong>insider accumulation profiles<\/strong><\/span> anywhere in the <strong>junior Nevada <span style=\"color:#f1c40f;\">gold<\/span> sector<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px;\"><strong>WG&#8217;s district scale land package<\/strong> is in <strong>Nevada&#8217;s <span style=\"color:#27ae60;\">best possible<\/span> location<\/strong>&#8230; <span style=\"color:#2980b9;\"><strong>directly adjacent<\/strong><\/span> to <strong>Nevada Gold Mines&#8217; Cortez <span style=\"color:#f1c40f;\">gold<\/span> complex<\/strong> and <strong>Barrick&#8217;s <span style=\"color:#27ae60;\">100% owned<\/span> Fourmile Project<\/strong>, one of the <span style=\"color:#27ae60;\"><strong>most significant<\/strong><\/span> and <span style=\"color:#27ae60;\"><strong>highest-grade<\/strong><\/span> <span style=\"color:#f1c40f;\"><strong>gold<\/strong><\/span> <span style=\"color:#27ae60;\"><strong>discoveries<\/strong><\/span> of the 21st century!<\/p>\n\n<p style=\"margin:0 0 14px;\"><strong>WG<\/strong> is <span style=\"color:#2980b9;\"><strong>directly adjacent<\/strong><\/span> to the <strong><span style=\"color:#f1c40f;\">gold<\/span> assets<\/strong> that will <span style=\"color:#2980b9;\"><strong>anchor<\/strong><\/span> the <strong><span style=\"color:#27ae60;\">#1 largest<\/span> <span style=\"color:#f1c40f;\">gold<\/span> IPO in history<\/strong> later this year! The <strong><span style=\"color:#f1c40f;\">gold<\/span> industry&#8217;s <span style=\"color:#2980b9;\">smartest<\/span> investors<\/strong> <span style=\"color:#27ae60;\"><strong>own a massive percentage<\/strong><\/span> of the company!<\/p>\n\n<p style=\"margin:0 0 14px;\"><strong>WG<\/strong> will soon <span style=\"color:#27ae60;\"><strong>launch drilling<\/strong><\/span> in the <strong>SSD Zone<\/strong> where geologists have identified features that are <span style=\"color:#2980b9;\"><strong>distinctly reminiscent of the surface geology<\/strong><\/span> above <strong>Barrick&#8217;s Fourmile Project<\/strong>, including silica alteration and quartz porphyry hosted mineralization. <strong>Fourmile&#8217;s <span style=\"color:#27ae60;\">discovery<\/span><\/strong> began with <span style=\"color:#2980b9;\"><strong>precisely these same<\/strong><\/span> <strong>geological signatures<\/strong>!<\/p>\n\n<p style=\"margin:0 0 14px; text-align:center;\">\n\t<img \n\t\talt=\"Westward Gold Land Package Map\"\n\t\tsrc=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/05\/westwardgoldwglandpackage.jpg\"\n\t\tstyle=\"display:block; width:100%; max-width:519px; height:auto; margin:0 auto; border:0;\"\n\t\/>\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\n\t<span style=\"font-size:8px;\">\n\t\t<em>\n\t\t\tPast 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. This message is meant for informational and educational purposes only and does not provide investment advice.\n\t\t<\/em>\n\t<\/span>\n<\/p>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>One of the most overlooked aspects of Westward Gold (CSE: WG) right now may be the sheer scale of long-term insider accumulation that has quietly taken place during the past several years. After reviewing insider filings in detail, NIA discovered that multiple key insiders and major shareholders of WG have collectively accumulated millions of shares [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8303,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[9,297],"class_list":["post-8302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-gold","tag-wg"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/8302","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=8302"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/8302\/revisions"}],"predecessor-version":[{"id":8304,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/8302\/revisions\/8304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/8303"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=8302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=8302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=8302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}