Value Microcaps Junior Miners

[checkmate28]

How could I forget Gowest Gold GWA.v GWSAF one of my favorites, and no better time to buy than today while someone is year end dumping for tax reasons.
One only needs to know the conservative nature of mgt and to read the timeline from the presentation to see the potential catalysts there.

http://www.gowestgold.com/wp/wp-content/uploads/2014/10/Corporate-Presentation.pdf

Older PEA showed IRR of 50% based on 95k/yr production of $1200 gold and contract processing with Xstrata Glenncore. Upside from there is huge based on the quality of the resource, the fact that the resource comes from 1% of their Timmins ON land package and the testing of ore sorting that could add 50% to their numbers alone.

They are financed through pre fease but the big question, will be how much will future CAPEX cost them to rehab the Xstrata D Line and prepare the underground? Its my belief that their new finance partner Future Fortune, is a true partner and will be their for fair financing. They want the upside to the entire North Timmins land package and need the GWA technical team. Insiders buy on the open market here and control a large portion of the company, so their is little worry of a takeover.
Xstrata could easily step in and help to finance the mill as it benefits them greatly.
The big picture here is that XstratraGlencore buys them out for many multiples, once GWA irons everything out. There 4 lines would be perfect for a large growing resource that Gowest will have, and Xstratas mine is nearly mined out. The alternative would be an expensive mine closure and 1600 lost jobs to the legendary mining town of Timmins ON. Everyone involved, including government has much to gain from this partnership. The reverse could happen as well. Gowest with their well healed financial partner could look to acquire the Xstrata lines in the future.

I had a bid in to add the other day but hit the Integra shares instead.
Current bid of .055 Canadian is outstanding.

Happy New Year
Headed to a 4 day party.
Checkmate28