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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (38112)	12/14/2017 4:46:49 PM
From: Goose94	Read Replies (2) \| Respond to of 203517

White Metal Res. (WHM-V) new 52 week high, 14 cents To summarize, White Metal has honed in on a large area of anomalous Gold values and expanded the discovery area significantly. Amazingly enough, given the location and infrastructure (roads and power, check!), Newfoundland’s records show that Gunners Cove has never been explored or drilled – adding to the importance of this very recent prospecting discovery. Although too early in exploration to be sure of analogous deposit models for Gold-bearing pyrite nodules in black shales, there are global examples (such as Kalgoorlie and Sukhoi Log). Michael Stares, President and CEO of the company, stated: “Gold mineralization at the Gunners Cove Property is hosted by sedimentary rocks of the Goose Tickle and Hare Bay geological groups, and from the limited mapping we have completed to date, the unit strikes approximately north-south. The style of mineralization at the Gunners Gove Property is very unique and is quite possibly the only project of its kind in Canada, with anomalous Gold, Silver and base metals, in this geological environment.” It’s quite possible Gunners Cove could be about much more than even Gold given the geology BMR is seeing – how about a VMS system as a potential target? In my view, Gunners Cove dishes up the THREE things Mr. Market is hungry for right now: Grassroots exploration “discovery” story Unique geology in a safe jurisdiction BIG potential! If you’re in agreement with me, the obvious choice is to buy WHM. However, be sure to use limit orders. White Metal is currently flying geophysical surveys over the property, which should help firm up some targets. Following that their aim is to be drilling sometime in early 2018, with a goal of having some juicy core samples on display in time for PDAC. Oh! About the drilling, these aren’t quartz veins or shear zones White Metal is going after, so if the Gold is there it should be harder to miss. I’d like to think there’s still time to accumulate some stock below or near 10 cents, but don’t procrastinate. The market cap is only $3.5 million, so we’re thinking if the company plays its cards right WHM has the potential to turn into a multi-bagger on speculation leading up to drilling. The stock closed down a penny today at 9 cents but is up smartly for the week on increased volume. From BMR