Another update on Bluebird with more results and more gold. The plan is pretty simple at this point.
If South Junction can be proven up to a point where another mining front can be opened, then logically, it will be able to add perhaps 250ktpa, or a 50% increase to the Bluebird U/G mine overall.
Bluebird expansion is very necessary and unsurprisingly, WGX is spending big exploration wise with 4 rigs, to make sure they can proceed with the expansion.
Finally, it would seem WGX is not going to be content with 750ktpa expansion, when there is potentially to further expand North....
Overall, I feel like WGX is slowly progressing towards to some market sensitive news, other than the merger. Big Bill Deeps progress, Great Fingall flats (early production) and Bluebird expansion.
WGX Price at posting:
$2.16 Sentiment: Hold Disclosure: Held
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