WGX westgold resources limited.

Ann: Beta Hunt Drilling Update, page-6

  1. 57 Posts.
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    Hey Speculator 101 we are moving along nicely with the drilling plans . Beta Hunt is loaded with resources as well as other decent KRR assets. When you combine everything together it will take time for Westgold to become one large working unit. They have had alot of problems that needed attention from both sides of the per merger so both sides have had growing pains. We missed guidance and aisc right out of the gate was not good for shareholders at all. Looking forward all Westgold assets are loaded with gold it is just a matter of management getting the gold out of the ground at a lower aisc. If we get 90 thousand Oz per quarter plus this quarter we should move up in share price. Then 100 thousand Oz by the end of June and we will be OK. That would be 10 thousand Oz more per quarter moving forward and that is a tall order for any gold producer . We will see what happens moving forward and like you stated we need to pay down our debt also. Good luck.
 
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$2.77
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