Hi Joel, Perhaps you are talking about another stock? As AME does not have an old plant to refurbish (MDI do, but... MDI have said the plant is so old, that its basically not able to be refurbed). Interesting, due to the huge amount of ounces WGX has, the E/V per resource is actually around the same value. So... WGX does not need more resources, though I am sure they would be happy to add reserves for a cheap price.
WGX also has huge exploration potential, has you seen some of their drill results. Blow AMEs out of the water.
Anyway, I have no problem with AME, I just wonder why WGX is looking elsewhere, when they have 3 plants that need filling and more than enough brown field deposits to drill for years to come. As I posted on AMEs threads, it would seem WGX like the dirt, and perhaps have a longer term plan for the area that will share in due course.
Good luck to all holders in both companies.
WGX Price at posting:
$2.31 Sentiment: Hold Disclosure: Held
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