Sleeping Giant… Soon the giant wakes up...
Gold market holding in very nicely through seasonal down period. Providing very solid base to make new highs in Q4 and beyond.
Planned Catalysts:
Phase 1 Drill Program - Gravel Creek, Doby George, Virgin Targets
Drill Permitting - Maggie's Summit
Pre Feasibility Study - Gravel Creek (Block Cave Mining 100koz+/yr)
Bankable Feasibility Study - Doby George (Low Capex/Opex Open Pit Mining 50-60 koz/yr)
Resource Update - Gravel Creek, Doby George
As all of the above evolves in lockstep with a bull move for the price of gold. I anticipate $WEX to aggressively re-rate itself. 300% - 600% returns in the next two quarter window is highly possible.
Right now the stock is trading low volume because it is a new listing that the general gold Junior market is largely unaware of. Knowing the results this ground is capable of producing both in terms of resource size, drill assays and mine planning. I am confident the low volume will continue to evolve. Only 9% of float is held by retails. So the set up in this market is very ripe for an aggressive short term price appreciation. As individual investors these are opportunities very rarely seen in the metals markets today.
GoldnBoy