Brian their qrtly reporting is one of the worst from my point of view. they either have to put someone else in charge of producing it or get some tuition on how to do one. RMS went thru a period , where some of their presentations were pedestrian but they are much better now. i think wgx management is viewed less favourably than its peers. That is one of the reasons why still under $1 1billion mc. couple of the other reasons are , lack of good stockpiles, own mining fleet and workers ( otherwise ASIC would be much higher) uncertainty about BIG bell , relatively little margin for error because of their recent decreasing cash pile. if they can pay off their gold debt by july, build their cash just a little bit next 2 qrtly and get big bell working. well then its $2 billion mc by christmas because they will be producing huge cash by then. if mine stays open.
WGX Price at posting:
$1.89 Sentiment: Hold Disclosure: Held
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