I added Western Alaska for coverage in J Taylor’s Gold, Energy & Tech Stocks in August 2022 at US$3.65. Needless to say, my subscribers who purchased those shares at that level are not happy about that. Personally, my average price over time has been $1.66. So, from a timing perspective Western Alaska has not been one of my better calls. But all this demonstrates is how out of touch the market is with this extremely high-grade silver-zinc-led-gallium story because, since I first added it for coverage Western Alaska announced a maiden resource of 2.38 million tones averaging a recoverable silver equivalent grade of 31.5 ounces per ton, worth in excess of $1,000 per ton of rock! Although small, this is an extremely high value per ton resource.
Kit Mars of Western Alaska Metals Investor Forum Presentation here
This summer the company will seek to double or triple the existing resource. They have identified some highly prospective targets. If successful, this tightly held, severely undervalued stock could quickly rise back toward or beyond the initial price of US $3.65. After watching Mr. Mars’ presentation, you may want to consider picking up some shares before the 2025 drill season gets underway. Of course, I will be covering this story as well as many other very exciting exploration, energy and technology stories in my weekly and monthly issues.
Why not try J Taylor’s Gold, Energy & Tech Stocks for one month (four weekly issues and one month end issue) for a mere US$16.50 or sign up for an annual subscription for $US$150.
Best wishes,
Jay Taylor
