Save their asses, but... perhaps not make them shine?
@Sherlock Buffet - great post and you really get to the heart of why WGX is where it is right now. GMD has performed far better than WGX (I had actually planned to take a position in them around $2.00, but did not stick to my plan... hmph).
As you say, in 12 months time I think WGX will be a in a better space, albeit I had a lot more confidence in that occurring a few months ago. Not as much now. The fixes WGX is undertaking at Beta are not small and clearly will crimp production for the near term, which... is a bitter pill after being diluted 50% to acquire it (more really with all the cash).
@grubarura - Again, as above, that would have been a far better outcome, though, with almost 1/2 my portfolio in SPR, I am sort of expecting to be owning a lot of RMS in the future (nothing is guaranteed though, as I would prefer SPR to run it's own race).
Perhaps the drill bit will save the day in the shorter term and WGX finds a true discovery.... we wait.
WGX Price at posting:
$2.34 Sentiment: Hold Disclosure: Held
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(nothing is guaranteed though, as I would prefer SPR to run it's own race).
(20min delay)