This dog should be bought without any fear under $2.
After we are over this Coronavirus thing this will be north of $2.50 easy.
Brokers have target upto $4.50.
I am buying. Was a little early.....didn't expected the virus to cause so much damage.
The virus problem will be solved eventually.
All this newly created money around the world will find home somewhere.
Gold will command more allocation after this coronavirus event. Investor have seen that Gold was the only thing in this whole scenario to hold its ground.
This dog is under massive accumulation.....there are more than one accumulator.
Coming out of capital investment period.
Production increasing.
AISC decreasing
Profits increasing
Debt decreasing.
Record Australian Gold prices.....unbelievable...AUD $2700+
The owner operator mining business is worth over $200 million.
WGX is one of the most undervalued Gold producer right now.
Strange trading activity today....high of 1.97 to now 1.75
Only gold stock to go backward.
Over 10% drop with less than 2 million shares traded.
Talk about manipulation. At its best.
WGX Price at posting:
$1.76 Sentiment: Buy Disclosure: Held
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