I take your point about Big Bell and Great Fingall, but... Big Bell deeps is perhaps 12 months away from hitting it's straps... For $4.7m, is is worth WGX continuing to hold off?
Cheers for the charts. Explorers still lagging big time (I note some of the big explorer moves were based of very little volume, so it's still very sick, but... good for the likes of WGX).
Without a doubt, WGX is levered to the upside and to the down.
I guess I just view WGX as digging their 'moat' of value, to enable them to have more leverage on deals. Probably would not hurt to be buying some collared options, or just puts. Sure.. they cost a bit upfront, but no limit to the upside.
WGX Price at posting:
$2.21 Sentiment: Hold Disclosure: Held
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