WTHVF WESTHAVEN GOLD CORP : Bullish and Bearish Analyst Opinions

"The financing risk to advance the project has been taken care of with this agreement with Dundee... there's not going to be a big 150 or 200 million share diluted financing that's going to hit the market in the next 2 or 3 years." The primary killer of junior mining equity returns is share dilution to fund drilling. With Dundee covering up to $85M, West Haven becomes a pure leverage play on exploration success and gold price, without the "financing overhang" that depresses share prices. LONG. The stock is mispriced relative to its fully-funded status and the $1B+ NPV potential at current gold prices. Exploration failure (not finding more ounces); Dundee declining to fund subsequent tranches after the initial commitment.