A Gold Developer Worth Exploring - InvestingChannel

A Gold Developer Worth Exploring

Sean Brodrick

In the past few days, we’ve been talking about some amazing opportunities presenting themselves right now in the energy sector.

But when it comes to investments that can offer both short-term gains and longer-term upside, I believe gold, silver and other resource plays should also have a prominent place in your portfolio.

And so today I’d like to share with you an interview I did recently with the CEO of a growing Canada-based exploration company, and see what might be in store for this small, speculative stock.

This week, I attended the Cambridge House Vancouver Resource Investment Conference, where I gave two presentations on natural resources and got to talk to many great junior miners, developers and explorers.

One of those companies is Western Pacific Resources Corp. (WRP on the TSX-V). I’ve been talking to CEO Warwick Smith on and off, following his company’s progress. Things are starting to fall into place for Western Pacific, and Warwick will give you the scoop himself in this video.

You can click on the video or on this link to watch.

Western Pacific stands out from other juniors because of its $2.2 million in cash and its tight share structure (29 million shares outstanding). It’s at work in Idaho, where it is poised to recover gold from an old project, and perhaps use that cash flow to embark on a new discovery.

And here’s a weekly chart …

(Updated chart)

Obviously, this is a very speculative stock. We’re talking about something that was trading under 10 cents a share only a couple months ago, and that has since tripled in price.

So with the shares at about 25 cents apiece, and with the bright prospects for this company, this is an exciting story and could also become an exciting stock story as well.

However, just be aware that it’s all very early-stage. A lot can go wrong, and Warwick and Western Pacific still have to jump through a lot of hoops. So if you’re interested in this company, do your own due diligence to make sure it’s right for you.

But Western Pacific is an example of the kind of potentially explosive opportunities that I found at the Cambridge House show, and I’ll be sharing some of those other opportunities, and my insights from the conference, with my subscribers. Plus, they have the added benefit of getting my buy signals and profit-taking instructions sent straight to their inboxes.

Don’t miss out — join them today and get in on the action!

All the best,

Sean