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Westhaven Gold Corp V.WHN

Alternate Symbol(s):  WTHVF

Metals & Mining Gold
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

Westhaven Gold Corp > Watching gold and silver prices
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Comment by Crashcomingsoonon Sep 02, 2022 3:11pm
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Post# 34938996

RE:RE:Watching gold and silver prices

RE:RE:Watching gold and silver pricesWe need more negative analysts like these to turn gold around.  Watch Europe and China for weak links.  Be prepared in case gold does break down.

My Comment: Actually an equities selloff should be a positive for gold due to its safe haven status.  Also, note the ever increasing amount of debt (see below)

Don't rule out a long weekend gold price surprise – analysts | Kitco News

Excerpt:
"I would be really careful here given the longer-term outlook for the stock market. I don't see how gold can sustain a rally with equities getting pounded and the dollar being bought on dips," he said. "If the near-term lows in gold can't hold and we drop to $1,678, gold could retreat to the pandemic lows of $1,625 and then even $1,484. Gold needs to hold $1,670-$1,680. If it does not, it is going down to lower levels."

Average Credit-Card Debt Soars By 13%, Largest Increase Since 1999 | ZeroHedge

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