You're probably right on catalysts short term. Next year WGX should be absolutely motoring given that their 3 new mines will be fully developed with the accompanying rerating in production and profits. As a comparison RMS will be motoring now and generating maximum profitability in the short term.
However, possible that WGX still churns out $20-$25m a quarter on a low market cap which makes that a catalyst in itself. Plus the opportunity for Great Fingall to hit ore early as they pretty much repeatedly say is going to happen.
A switch from RMS to WGX will be on the cards at some stage, but timing is these things can be very difficult. Alternatively it looks like WGX is very undervalued and you could just buy here and wait.
WGX Price at posting:
$1.86 Sentiment: Buy Disclosure: Held
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