Winston Gold Corp. (WGMCF)

[MaxzMillionz]

I started to monitor Winston Gold when Joe Carrabba joined the team, so I can’t attest to the long process to get to where they are now. I have to say I have been very impressed with their progress since Joe invested heavily and came onboard as Executive Chairman. They have pretty much hit their targets for developing the mine and rehabbing the mill since I have been invested, which has only been about 6 months.

I’ve suspected some eventual consolidation with other gold resources, but I’ve kept my Winston Gold financial model tied exclusively to the three veins associated with the Custer Mine. I’m also keeping a close eye on another Carrabba venture, Teras Resources. With further de-risking I have suspected Teras may become part of Winston Gold. This joint venture with Bond Resources caught me by surprise, but it was a pleasant surprise. Now I just need more information so I can update my financial model to include the Hard Cash Property.
This could significantly change Winston Gold’s projections, which looked good before the Joint Venture.