Merger no need. Get taken out, still a possibility, while still a bargain. China need to get rid of all those $,s backed by thin air, or paper to light your fire with. So a $3.00 take over would be a steal! And theres nothing we could do about it, with such a high level of Institutions % holding.
Westgold will be printing all the money they need soon. With Big Bell on track to deliver 2020, according to this latest udate. Then we can have a 2 billion dollar party.
RMS does not have a patch on Westgold. RMS have all little pots of gold and need to keep on spending large amounts of capital to keep going.
Westgold have three mines with a ten year life and mininal capital outflow. Should be producing 330,000 ounces a year. With huge upside potential, watch Big Bell go!
WGX Price at posting:
$2.43 Sentiment: Buy Disclosure: Held
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