Source: Bob Moriarty for Streetwise Reports 11/26/2019
Bob Moriarty of 321gold provides an update on the company’s recent exploration results.
I called for a pop in the price of White Gold Corp. (WGO:TSX.V; WHGOF:OTCMKTS) when I wrote about them two weeks ago. We got it. The shares were $0.77 when I wrote and went as high at $0.99 in short order.
I compared WGO to Great Bear and in my view stated that I thought White Gold was better. In a release on Tuesday Nov 26th they seemed to have proved it. The hole showed 72.81 g/t gold over 6.09 meters including 136.36 g/t Au over 3.05 meters. That hole mineralization began near surface, only 10.67 meters down hole.
The Titan property has barely been scratched. You do not get results like that in a vacuum. I see WGO following up with more similar holes. Previous grab samples from Titan tested as high as 605 g/t Au, 497 g/t Au and 113 g/t Au.
There is a mag anomaly measuring 650 meters by 650 meters at Titan including half a dozen similar targets to the one just drilled.
I think White Gold just hit the big time. Look for higher prices when they tie similar holes together.
White Gold is an advertiser and I bought shares in the open market. Do your own due diligence.
White Gold Corp
WGO-V $1.00 (Nov 26, 2019)
WHGOF-OTCBB 113.4 million shares
White Gold website.
Bob Moriarty founded 321gold.com, with his late wife, Barbara Moriarty, more than 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.
Sign up for our FREE newsletter at: www.streetwisereports.com/get-news
1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: White Gold. White Gold is an advertiser on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
( Companies Mentioned: WGO:TSX.V; WHGOF:OTCMKTS,