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Emerging Markets Report: Follow The Leader
Emerging Markets Report: Follow The Leader.
About this update from Winston Gold Corp.
[{"type":"text","content":"ORLANDO, FL / ACCESSWIRE / May 14, 2019 / Winston Gold Corp. ("Winston Gold" or the "Company") (CSE: WGC) (OTCQB: WGMCF)In the past we talked about this company for the 7 reasons noted below; this time we want to focus on the special note below!Special Note: On May 8th 2019, the Company released an announcement titled "Newmont Gold Corp Director Joseph Carrabba acquires 16.8%ownership in Winston Gold" https://finance.yahoo.com/news/newmont-goldcorp-director-mr-joseph-110000168.html - In short, the release talked about adirector from one of the largest mining companies in the world, Newmont Gold NEM), taking a large position in Winston Gold. With Mr. Carrabba'sdetailed background from sitting on the sustainability board of Newmont Gold (NEM) one would think they have something good going on.Fundamental Reasons this company is well positioned: The company operates in a "safe jurisdiction" - what we mean by this is not only is it not in a war-torn country but it's in an area of USA that is accustomed to mining and the process that goes into it. This makes for an overall better process. In the link following you will see what violence can do and how it can cause a major issue for a company and why Winston sits in a great place! (http://www.mining.com/banro-halts-gold-mine-congo-due-violence-shares-collapse/) Where Winston is located lies a reasonable permitting process allowing the company to not being hung up in red tape or waiting years to get permission. As a matter of fact, Winston has already acquired an SMES permit that allows underground mining. Let's talk about what should be the obvious, Infrastructure. In most cases when people sit back and think about mines they think about an old western movie where the only way in or out is via horseback. Winston had this in mind when it secured its location in Montana which have all the infrastructure one would need, paved road almost all the way to the site, electricity and even air service, hospitals, schools, accommodation's all within 20 miles of the property. General support from parts, repair, etc. are easy to come by in this area being that mining is not a new thing it has stood the test of time in this part of the US. Montana has a long history of mining in the state and has a highly qualified workforce from mining engineers, geologists, ...