r/investing
WPG.V – West Point Gold runs +18.5% on strong drill hit (66.2m @ 6.57 g/t)
WPG.V surged 18.5% on high-grade drill results; author raised rating and remains bullish despite pre-resource risks.
- Strong high-grade drill results (66.2m @ 6.57 g/t Au) significantly de-risk the project.
- Strategic agreement with Kinross and well-funded status in tier-1 jurisdictions (Arizona/Nevada).
- Maiden resource expected in 2026 with 21 holes still pending, offering further upside catalysts.
- Pre-resource stage carries inherent exploration and execution risks.
- Potential for future share dilution to fund ongoing operations.
- Jurisdictional risks, though mitigated by being in tier-1 areas, still exist for junior miners.
Hey everyone,
Quick update on WPG.V (West Point Gold).
On June 23 we highlighted it as a tier-1 US gold explorer (Arizona + Nevada) with a strategic agreement with Kinross and a maiden resource expected later in 2026.
Today the stock jumped +18.5% after a strong drill result at Gold Chain:
• 66.2m @ 6.57 g/t Au, including 20.7m @ 18.25 g/t Au at NE Tyro
• Hole extends the zone past 250m depth and remains open
• 21 holes still pending for the maiden resource
Our take: Solid de-risking step on a funded explorer in a tier-1 jurisdiction. We raised our internal rating and continue to hold. Risks remain (pre-resource, dilution, jurisdiction), so sizing is important.
Educational only. Not financial advice. Always do your own DD.
What are your thoughts on WPG.V or similar funded gold juniors right now?
How many shares do you own u/SDBcop ?
You know why they call themselves West Point Gold? To get some recognition off of the West Point Mint. They are based in Canada.
Does West Point Gold have ANY revenue?
This is a 100% speculation stock. It could go to $0.00 just as it could go to $2.00.
Their best gold is 18 grams per ton. Which is a little over 1/2 ounce.
A lot of their drilling is 3 grams or less per ton, that is 0.10 ounces, or less.
If I put money in this stock, I would expect to lose it.
I appreciate the honest take — you’re right that WPG.V is a highly speculative play. No revenue yet, typical for this stage, and exploration risk is real (including the possibility of going much lower).
That said, we like setups like this where there’s already meaningful drilling in the ground, a major partner (Kinross on Jefferson Canyon), and tier-1 jurisdiction. The standout high-grade intervals (like the recent 66m @ 6.57 g/t) are what caught our attention, even if not every hole is that strong.
It’s the kind of asymmetric opportunity we look for at The Bullish Edge: funded explorer with near-term catalysts (maiden resource) in a good jurisdiction.
High risk, but we believe the potential reward justifies a small, well-sized position for those who can handle the volatility.
Always do your own DD. Not advice.
Cool
Very