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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
Comment by Valkrie99on Jul 18, 2018 2:51pm
76 Views
Post# 28334362

RE:RE:RE:RE:hit 52 week sp low

RE:RE:RE:RE:hit 52 week sp lowYour postulations sound quite reasonable.

The lack of communication to the outside world is more than obvious and I have suggested before that EMR is very much behind this opacity.

However, the insiders usually have some idea as to how things will likely transpire.
Although Woods may not be privy to everything there are buys from several different insiders.
Remember that OVER $250 k of insider buying has occurred in the past half year alone.

I don't think these guys would be buying out of hope--they must be fairly certain that these purchases will yield dividends.

The way the stock has been brought down for insiders to scoop up shares is something contrived--I have anticipated the buys on several occasions based on my observations.

There is most definitely communication behind closed doors between EMR and the directors of the company--I would hesitate to suggest that EMR could be so sneaky as to pull a fast one on the insiders.  

This in itself gives me a little more hope that things will turn out well for us and therfore would lean towards the first outcome.

Bullboard Posts