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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 Crashcomingsoonon Jul 16, 2022 11:22am
193 Views
Post# 34828994

Global Crisis Vulnerabilities

Global Crisis VulnerabilitiesDoug Noland gives a good explanation of the unfolding global financial crisis in this week's CreditBubbleBulletin:  Credit Bubble Bulletin : Weekly Commentary: Global Crisis Dynamics Update

M
y Comment:  I don't think we have long to wait before a global financial crisis overwhelms the central banks.  There are so many weak points and I expect the dominoes to fall soon.

Excerpts:
There are key differences: Global Crisis Dynamics are systemic these days, as opposed to the regional blowups from the nineties. The scope of the bursting China Bubble is without precedent. Moreover, post-Bubble U.S. markets are today acutely fragile. Indeed, I can see a scenario where Crisis Dynamics gain further momentum in China, Europe and EM. U.S. stocks, taking out recent lows, commence another tumultuous leg lower, with some panic sparking dislocations in equities and already liquidity-challenged corporate debt markets. And if this scenario is delayed, the Fed hammers global markets on the 27th with another 75 bps hike.
:
China has for years operated as banker to the EM “Periphery.” Now Beijing faces the predicament of throwing good “money” after bad or cutting bait and watching the dominoes begin to fall. And, by the way, how much of China’s $3.0 TN international reserve position is locked up in junk EM loans? We cannot today overstate the ramifications of Chinese financial instability.

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