Credit where credit is due fitnfam. You've made a good call on GCY thus far.
I'm happy to say I flipped quite a few GCY a few weeks back for a good profit and bought a ton of undervalued WGX shares.
Maybe I'm still just deluded by the hype, but my gut tells me there is a lot more to play out with GCY. One thing's for sure, GCY still has residual value worst-case scenario. There will always be strong demand for existing infrastructure such as GCY's 4-year-old processing plant, particularly in such an inflationary environment. The plant was built for 90 million in 2018. To build a 2.5mtpa plant now would be <200 million.
WGX was recently quoted 65 million for a 600,000tpa increase in throughput for the Tuckabianna plant.
WGX Price at posting:
89.0¢ Sentiment: Buy Disclosure: Held
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