One of the Top Gold Bulls is Calling for the Metal to Hit $15000

Gold prices may have pulled back in recent weeks, but don’t count it out just yet. There are still plenty of bulls calling for further upside. For example, according to Goehring & Rozencwajg Associates, as noted by, "We still believe we will see a $15,000 gold price before this gold bull market is over. For patient investors with long-term horizons, we recommend aggressive accumulation of both gold and silver on any price weakness over the coming months," he said. "The relationship that we look at is the amount of money that has been printed and the gold price."

In addition, according to DoubleLine CEO Jeffrey Gundlach, as quoted by, “Gold has really underperformed other froth assets like bitcoin by incredible amounts, almost inconceivable amounts since that peak in gold above $2,000,” adding, “Gold is very likely to bounce because the selloff has been pretty powerful. Long-term gold is pretty interesting. Our model shows that gold is at fair value at $1,761. We don't think the decline in gold is likely to continue." That being the case, investors may want to keep an eye on gold-related stocks including West Mining Corp. (CSE:WEST) (OTC:WESMF), Barrick Gold Corp. (NYSE:GOLD)(TSX:ABX), Kinross Gold Corp. (TSX:K)(NYSE:KGC), New Gold Inc. (TSX:NGD)(NYSE:NGD), Gold Fields Ltd. (OTC:GFIOF), and B2Gold Corp. (TSX:BTO)(NYSE:BTG).

That could all be beneficial for companies, such as West Mining Corp., which just announced that it has applied to upgrade its position in the public markets and increase its visibility to a wider range of investors by up-listing its common shares listed for trading from the OTC Pink Open Market to the OTCQB market, a U.S. trading platform that is operated by the OTC Markets Group in New York. The listing of the Company's common shares on the OTCQB remains subject to the approval of the OTCQB and the satisfaction of applicable listing requirements.

The OTCQB is recognized by the Securities and Exchange Commission as an established public market providing public information for analysis and value of securities. As a verified market with efficient access for U.S. investors, OTCQB helps companies build shareholder value with the goal of enhancing liquidity and achieving a fair valuation.

The Company will continue to trade on the Canadian Securities Exchange under its existing symbol "WEST", in Frankfurt under its existing symbol "1HL", and in the U.S. under its OTC Pink Market symbol "WESMF".

Furthermore the company is pleased to invite individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference. The next Emerging Growth Conference is presenting on March 17, 2021. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company’s CEO, Mr. Nicholas Houghton in real time.

"After recently receiving DTC Eligibility we believe listing WEST Mining on the OTCQB market will provide increased liquidity and trading capabilities in our Company's common shares for both institutional and retail investors," said Nicholas Houghton, President and CEO of West Mining "We further invite you to attend our first US based online conference since our acquisition of the advanced stage Kena Daylight deposit with over 37 kilometers of drilling, 20 years of modern exploration and remains open in all directions and at depth in the Golden Arc Mining District of BC, Canada."

Mr. Houghton will present and may subsequently open the floor for questions. Please ask your questions during the event and Mr. Houghton will do his best to get through as many of them as possible. Please register here to ensure you are able to attend the conference and receive any updates that are released. Here is the unique registration link:

If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on and we will also release a link to that after the event.

Other related developments from around the markets include:

Barrick Gold Corp. released its annual reserve and resource declaration with its Q4 and year-end results to December 31, 2020. Attributable mineral reserves reflect a 76% replacement of depletion, with a consistent reserve grade maintained year-on-year, after adjustment for the disposal of Massawa. Similarly, excluding the impact of Massawa, the net reduction in reserves year-on-year is approximately 2%. Attributable group reserves, reported at $1,200/oz1, stand at 1,300 million tonnes at 1.66g/t for 68 million ounces of gold.

Kinross Gold Corp. announced its results for the fourth quarter and year ended December 31, 2020. J. Paul Rollinson, President and CEO, made the following comments in relation to 2020 fourth-quarter and year-end results: “Kinross delivered an excellent year in 2020, generating record free cash flow of more than $1 billion from our diversified portfolio of mines. We met our original guidance for the ninth consecutive year despite the impacts of the global pandemic. Kinross managed COVID-19 risks by implementing rigorous measures to keep our employees safe, maintain business continuity and support local communities. I would like to thank our workforce around the world for meeting the challenges of the pandemic. Our ability to quickly adapt and safely execute our plans in a difficult environment speaks to the strong culture of operational excellence we have built at Kinross.”

New Gold Inc. reported fourth quarter and annual results as of December 31, 2020, achieving the mid-range of the revised annual production and cash cost guidance, with All-in Sustaining Costs below revised annual guidance. An earnings conference call and webcast will begin on February 19, 2021 at 8:30 am Eastern Time to discuss the fourth quarter and year-end financial results (details provided at the end of this news release). The Company ended the year repositioned for long-term success and is expected to transition to positive free cash flow in 2021. Operational and cost performance has improved, strategic capital projects have been advanced, the balance sheet was restructured, and our liquidity position has significantly improved. The focus in 2021 has now shifted to driving further operational and cost optimizations at Rainy River and advancing B3 and C-Zone development at the New Afton Mine. Exploration drilling programs at Rainy River and New Afton are currently underway that could potentially increase resource inventory and extend mine life as we advance on our growth strategy. New Gold begins 2021 as a much stronger Company with a growing, higher-margin production profile from the Rainy River Mine and the Company now fully benefits from higher gold and copper prices.

B2Gold Corp. announced its operational and financial results for the fourth quarter and full-year ending December 31, 2020. The Company previously released its gold production and gold revenue results for the fourth quarter and full-year 2020, in addition to its production and budget guidance for 2021. In 2021, the Company is forecasting total gold production of between 970,000 and 1,030,000 ounces. All dollar figures are in United States dollars unless otherwise indicated. Despite the challenges of the COVID-19 pandemic, B2Gold had another remarkable year of strong growth in 2020, with the achievement of B2Gold's twelfth consecutive year of record annual gold production. The Company's total gold production for 2020 was an annual record of 1,040,737 ounces (including 45,479 ounces of attributable production from Calibre), at the upper end of the guidance range (of between 1,000,000 – 1,055,000 ounces).

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for West Mining Corp. by West Mining Corp. We own ZERO shares of West Mining Corp. Please click here for full disclaimer.

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