Headwater Gold (HWG.CN): “On the Hunt for High-Grade Gold”
Headwater Gold Inc. is a technically-driven mineral exploration company focused on exploring for high-grade precious metal deposits in the Western USA. Headwater is aggressively exploring one of the most well-endowed and mining-friendly jurisdictions in the world with a goal of making world-class precious metal discoveries. Headwater has a large portfolio of epithermal vein exploration projects, and a technical team composed of experienced geologists with diverse capital markets, junior company, and major mining company experience. The Company is actively exploring several projects in Nevada, Idaho, and Oregon.
For more information, please visit the Company’s website at www.headwatergold.com.
A GRANDE DAY APPROACHE
Grande Portage Resources (GPTRF) About $0.418 per share, (in $USD)
I couldn’t believe that Grande’s 2020 drill results drove a ,97% increase in proven (probable) gold oz, up to about 1,180,000; inferred slightly above 300,000 oz.
The 2021 assays we’re delayed by a combination of factors including a cyber attack on the assay lab. Evidently, per the CEO, no data related to Grande’s pending assays was lost.
At $0.418 cents, Grande is incredibly cheap.
Assuming that assays are at worst …. average and at best superior, one could expect a price surge that might exceed 50%.
Location: Alaska (ideal)
How much is a company worth that’s located in the Alaskan Gold Belt – a company with a high grade deposit that exceeds 2,000,000 oz. Let’s add another 1,000,000 oz of silver, currently considered a byproduct.
Certainly — it’ll be FAR HIGHER THAN 60 or 75 cents. Even assuming $150 a ton (quite low considering replacement cost) …. would SUPPORT A BUYOUT approaching $1.65 – $1.90 a share, MINIMUM — THAT SOUNDS TOO, TOO LOW.
I’m sitting back and wondering WHY this stock price is so LOW? I can’t exain it.
Sprott recently converted 5,000,000 warrants into common shares. Obviously, he is positive on this company, as am I.
ASSAY EXPECTATIONS:. IMO, advise buying now. Grande could easily advance by 50%-70% in a single day; this advance could surprise many, as GPTRF remains under followed – a RARE GEM in the small cap gold category.
The upside potential in their resource: Possibly 3,000,000 given the deeper nature of this specific type of deposit, known to extend to depths in the 3,000 – 3,500 FOOT (or might it be meters, in depth). For now, let’s just assume the depth is in feet.