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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 Aug 30, 2019 12:00am
142 Views
Post# 30081840

Gaining Traction?

Gaining Traction?Gaining Traction?

If you are asking me? The answer is: "unequivocally yes it will" any mining company getting authorization to begin construction has reached the ultimate and most important Milestone of the project. Just for your information this mine project started under the name EPM mining  ventures around December 2012, so seven years later and Millions of dollars later they have a permit to go ahead. So now management have to execute, which to me they have proven in many ways that they will under promise and over deliver. Penny flippers will make money and long term investors will make more money. If you take today's share price of $0.14 and sell in 5 years from now at $3.Compound Annual ROI would be 84% but maybe I am overly optimistic so let's say its only worth $1.50 that would still be a 10 bagger and would give you a 60% Compound Annual ROI. To make it simple if one was to make an investment today of $14,000 it could be worth approximately $135,700.00 in five years from now. In the mean time do your Due Diligence because i am just an investor that have overly positive view on this company and I have been accumulating for a few years now.

Regards,

Fearlessgg
Bullboard Posts