NWST into 2024 a defined asset in the ground, gold juniorshi all, as we close the year and next week trading day is around the corner. Being ready to what is coming in the first few months in the commodity space, GOLD to be the key move for any investor or portfolio. Looking at NWST the facts that this stock has the defined asset in Kwanika and the GOLD ounces in the gound is in the millions. Knowing the amount of money spent over years for all the projects they own. Shows this junior has all the history and the facts for a major to come in to buy or do a joint venture into a GOLD rush coming. So right now this junior who has the deposits in the ground and knowing this management team is not going to be around. If you think this company can continue with the dismantled year and within competition as to who should run this asset. Think again and think about making money when the move comes and selling at the right time. This stock right now can see a January trend that can hit .30 cents before any news happens. I do not see much in the private placements and what for? Why give more money to this management team when we all know the writing is on the wall for a takeover of all the projects and land we own. Right now the junior space has a chance in the first 3 months of 2024 to make some noise.
NWST below chart i have targets for a takeover and anything goes into the next 3 months. Letters B and D are my focus targets from . From .32 cents to .38 and a market cap over $60million once this is all over. Again, this management team going forward is not what we think it is and no leadership to build a mine. This is a sale coming and once Gold make thats move higher and we hope in the first 3 months. I know i will be selling on my targets or close to it.
Here is a very good video on 2024 and whats to come. Listen to the last 10min or so as to Chris talks about defined assets and what the majors are looking for!
The gold market for 2024 from John and the last video of the year....its a good one.
all the best in 2024 and stay safe!