Westhaven Gold (TSXV: WHN) gained another 11.54% today to $0.29 per share! WHN is already up by 61.11% since our suggestion last week at $0.18 per share, but this is a company that has made arguably one of the best gold discoveries in Canada in the past 10 to 15 years.
Will we ever in our careers find another opportunity as big as WHN?
It's tough to say. We like to bet on teams that have experience at successfully creating multi-billion-dollar market cap companies. WHN CEO Gareth Thomas is one of the most brilliant executives in the industry today and his father WHN Chairman and largest shareholder plus Canadian Mining Hall of Famer Gren Thomas previously founded Aber Resources aka Aber Diamond Corporation the most successful diamond miner in North American history, which became a 100-bagger rising from $0.50 up to over $50 to a US$3 billion market cap!
The only people in the same league as WHN Chairman Gren Thomas are North Peak Resources (TSXV: NPR) Chairman/CEO Brian Hinchcliffe and Augusta Gold (TSX: G) Executive Chairman Richard Warke.
It is important to understand that gold/silver exploration stocks remain the most extremely hated stocks in the market today. The easiest profits of our careers will occur simply from gold/silver exploration stocks becoming a little bit less hated.
Uranium exploration stocks were the most extremely hated stocks a few years ago. Simply by uranium exploration stocks becoming a little bit less hated, the highest quality small-cap uranium exploration stocks have become 10-100 baggers. Unfortunately, most uranium investors only bought uranium exploration stocks for the first time recently after all of the easy gains were already made! Almost nobody was smart enough to buy uranium exploration stocks at the time they were the most extremely hated stocks in the market!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from WHN of US$50,000 cash for a six-month marketing contract. NIA's President has purchased 60,000 shares of NPR in the open market and intends to buy more shares. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
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