Good job Peter. Peter surely thought was a good buy under 2...

Good job Peter.

Peter surely thought was a good buy under 2 dollars.

He certainly puts his money where his mouth is. Good show of confidence.

Nearly a million dollars from his pocket. Well done and much appreciated.

I think it is a very good buy under $2.50.

The suppression and accumulation is in full force.

Rather than getting scared, I am adding to my position just like Peter.

The Big players will always play their game from time to time.

Knowing it and recognising it at the right time, can create substantial wealth.

I do believe one fine day this stock will be north of 3 dollars. 50 % upside Vs a 5-10% downside ( bar any bad things happens at the mine or the Gold price collapses which it already has more or less in AUD from $2750-2250). Thanks to the strength in the Aussie dollar. The Aussie dollar had a good run from USD .56 cents to .79 cents. It will be experiencing pullback very soon. It should test USD .70cents in the next 3 months.

Regardless, WGX is making good money at these prices. No debt, good cash on hand, growing production profile, lowering cost guidance, fairly okay hedge & above all safe jurisdictions. Not many realise the mining contracting business only is worth more than 150 million.

I hope this chart is helpful to some people.



Due to the last six months of brutal downtrend, I feel like many people have turned away from the established gold producers. Some are chasing the hype in technology namely BNPL business & so called spectacular drilling results.
Reminds me a quote from a very successful man-
"Finacial Markets always conspire to fool the largest number of participants"

Patience will be needed and duly rewarded to the brave.