WGX westgold resources limited.

I'm from a different forward generation.Id go and have a social...

  1. 2,631 Posts.
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    I'm from a different forward generation.
    Id go and have a social chat and see how receptive they are to more than that.
    Sniff them out and see if maybe they stink.etc.or their friends got a nicer fun personality.

    As to too much Capital invested in milling capacity.
    1.9mt Checkers future operation and profitable feed uncertain
    2.5 mt Delgarana inop
    2.0 Mt Kirkalocka inop
    call them all in a 60km circle of Checkers.

    So 6.4 Mt capacity at the wrong end of the highway underutilized.
    There is probably more plant idle in the area.
    So choices ahead if your just looking for a mill currently in the wrong place.

    So what does WB do.....Sit and wait I imagine.
    Mill start up costs are prohibitive and no one likes coffing up costs going into C@M or on mills longterm.
    let RMS make another move for feed?
    It is of course an operating mill and infrastructure that is most desirable to obtain.

    DYOR+DYODD you asked me once why I was so negative on GCY before the mill shut and I pointed out they had less than 6 months uneconomic mill feed ahead of them to mine.Sadly they did just that.
 
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$2.93
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Mkt cap ! $2.763B
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