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White Gold Corp. V.WGO

Alternate Symbol(s):  WHGOF

White Gold Corp. is a Canadian gold exploration company. It owns a portfolio of 15,876 quartz claims across 26 properties covering approximately 315,000 hectares representing approximately 40% of the Yukon’s emerging White Gold District. The Company’s flagship White Gold project hosts four near-surface gold deposits which collectively contain an estimated 1,152,900 ounces of gold in Indicated Resources and 942,400 ounces of gold in Inferred Resources. Its discovery-stage projects include Betty Property, Vertigo Target and Ulli’s Ridge. Its early-stage properties include QV Property-New Gold-In-Soil Anomaly, Pedlar Property - Bridget Target and Hayes Property - Isaac Target. The Betty property is located approximately 150 kilometers (km) south of Dawson City and 300 km northwest of Whitehorse in west-central Yukon. The Bridget target is in the northern part of the Pedlar property over 135 km south-southeast of Dawson City and 305 km northwest of Whitehorse in west-central Yukon.


TSXV:WGO - Post by User

Bullboard Posts
Post by sevenseason Apr 25, 2017 4:24pm
163 Views
Post# 26164791

Do things seem a bit odd in the presention re: budgets?

Do things seem a bit odd in the presention re: budgets?Thanks Yukon Investor for the information about past work and names. With $30 million of work done on various properties in this package (as stated in the fact sheet) - including airborne geophysics, trenching, drilling, etc - I'm surprised to see website maps showing only soils results. Perhaps they have never been tested by those previous companies ? But if they have - shouldn't that be disclosed/shown ? Also wondering -  what have they learned from all that $ spent ? What is the basis of the proposed work ?  From what I can see - there's much of an indication in the disclosure. Does this strike anyone as odd ?  

Also wondering - does it strike anyone odd to have 3 years of specific budgets for the properties already laid out (in the presentation) ? Perhaps not if they're based on different targets to be tested each year. That's not clear IMHO. Why not show/discuss the basis of your targets?  Discovery mindsets are ones that learn from past and current/incoming information. I hope this group is not anchoring on past success and methods too much.  
Bullboard Posts