Winston Gold Corp. (WGMCF)

[MaxzMillionz]

I have put together a model using the companies published production rates and costs that show the share price climbing to $1.28 in 2023. The model assumes current gold and silver prices and a P/E of 9. The model shows the share price dropping to $1.25 in 2024 due to dilution from exercised options and warrants. My opinion is the biggest risk they have is that the three veins do not produce as expected.

I like this upside as a stand alone business with todays precious metal prices. I also like the potential upside of rising precious metal prices and/or consolidation with other resources and a strategic buyout.