WGW Top Small Cap Gold Stock Pick with Gold +$1,000 per Ounce

Washington, DC, March 14, 2008 - On the heels of $1,000 gold, SmallCapInvestor.com today spotlights Western Goldfields Inc. (AMEX: WGW), a gold exploration and mining company that booked only $4.3 million in revenue last year, but is expected to increase its revenue in 2008 to $125 million. The complete stock pick report on Western Goldfields can be read in its entirety at http://www.smallcapinvestor.com.

"The commodities sector, particularly gold stocks, is one of the hottest investment opportunities of today. With growing worldwide demand for basic metals, junior mining operations like the ones we cover present investors with some of the best opportunities for real stock price gains. That's why at SmallCapInvestor.com we're putting a special effort into tracking and reporting on the best of these companies," said SmallCapInvestor.com editor-in-chief Bob Bogda.

In November 2007, profiled two exciting small cap gold stocks, Great Basin Gold (AMEX: GBN) and Aurizon Mines (AMEX: AZK). So far in 2008, Great Basin is up 16% and Aurizon is up 20%.

SmallCapInvestor.com Chief Investment Strategist Ian Wyatt is forecasting the price of gold will soar to $3,000 an ounce. "Gold prices hit their last all-time high in 1980. That was US $850 an ounce. Adjusted for inflation, you get US $2,177. I continue to believe we are in the early innings of the bull market for commodities, and believe gold is headed to $3,000 an ounce."

"Small cap gold stocks such as Western Goldfields present individual investors with some of the greatest opportunities for investment returns in 2008. My team at SmallCapInvestor.com continues to search for compelling small cap gold stocks, which we will continue to present to our readers in the coming months," said Wyatt.

To read the gold stocks report on Western Goldfields, go to: http://www.SmallCapInvestor.com.
 

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