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Western Exploration Inc V.WEX

Alternate Symbol(s):  WEXPF

Western Exploration Inc. is focused on gold and silver discoveries in Northern Nevada. The Company is engaged in the business of exploration, acquisition, development, and mining of precious metals and other mineral deposits in the State of Nevada. The Company's principal asset is the 100% owned Aura gold-silver project, located approximately 120 kilometers/75 miles north of the city of Elko, Nevada, and including three gold and silver deposits: Doby George, Gravel Creek, and Wood Gulch. The Aura project consists of 709 unpatented lode mining claims, totaling 12,848 acres, and mineral leases on 2,296 acres of fee land in nine different parcels. Doby George is a near-surface oxide deposit. The deposit is located approximately 130 kilometers north of Elko, a top mining jurisdiction in the world. Gravel Creek is a high-grade underground sulphide deposit. Wood Gulch is a past-producing, near-surface, oxide deposit.


TSXV:WEX - Post by User

Bullboard Posts
Post by fearlessggg1962on Apr 26, 2019 1:53am
49 Views
Post# 29673040

Loving the fact that EMR owns over 60%

Loving the fact that EMR owns over 60%Good evening to all,

I am loving the fact that EMR owns over 60% of the shares, I will ride these guys coat tails anyday. EMR is in total control of this company and they are aligning the big hitters.... none of this small league stuff for this little company. Now BNP Paribas is on board, top executives at the helm, A board that is totally aligned with shareholders. I will ride this wave all the way to heaven!! This is not a 10 baggers, this is a 20 and 30plus baggers at this level. I could not help myself today but to buy even more, when the stars aligned.... it is just plain amazing! So funny that all the little leaguers are all busy making pennies and wishing they could find the Mother lode and yet it is right here, right now happening quietly but no they are all too busy to even look at this giant dormant volcano. So i believe within two years from now this stock will be at $1.50 per share so that would generate  a 781% ROI or a compound annual ROI of 106%. So moving forward another 4 years so basically 6  years from now and we will be in full production with EBITDA of $147M so using the lowest farming/agricultural multiple of 11.49. I get a value of $6.49 per share therefore i end up with an ROI of 3713% and 83% compound annual ROI. Please feel free to argue my numbers or my common sense, I will gladly take constructive criticisms.

Regards,

Fearlessggg
Bullboard Posts