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Westhaven Gold Corp V.WHN

Alternate Symbol(s):  WTHVF

Westhaven Gold Corp. is a Canada-based gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada's newest gold district, the Spences Bridge Gold Belt. The Company controls approximately 60,950 hectares with four gold properties spread along this underexplored belt. Its projects include Shovelnose Gold, Prospect Valley Gold, Skoonka Creek Gold and Skoonka North. The Shovelnose gold property consists of approximately 45 contiguous mineral claims encompassing 41,623 hectares (ha). The Prospect Valley (PV) Gold Property is located roughly 30 kilometers to the west of Merritt, British Columbia and is situated in the Spences Bridge Gold Belt (SBGB) and covers approximately 10,927 ha. The Company owns a 100% interest in the Skoonka Creek project, which is situated near the northern end of the SBGB. The Skoonka North Property consists of three contiguous mineral claims encompassing approximately 6,167 hectares wholly owned by the Company.


TSXV:WHN - Post by User

Post by trader53on Jun 17, 2022 1:33pm
250 Views
Post# 34765131

Capital raise will be necessary soon!

Capital raise will be necessary soon!I am very bullish on WHN but I will say if they finance with the bandits on Howe Street I will unload my entire holdings immediately. I have watched house one systematically with the use of icebergs lower our share price from .59 in 9 days. This so looks like a pre finance activity from the brokerages on Howe Street. The minute they get a written commitment for size they start shorting the stock if there is room or if the terms are at prevailing market they drive the price down. Then once the financing is done they unload the shares and keep the warrants.

I am hoping that a deal is in the works with an intermediate/senior producer and that we raise enough money to provide us the capital to drill right through to the end of 2023.Year round drilling till the end of 2023 could conservatively deliver  a resource in excess of 3,000,000 ounces or more. 
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