WGX westgold resources limited.

loki: "There seems to be a largish seller wanting to get...

  1. 5,802 Posts.
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    loki: "There seems to be a largish seller wanting to get out/reduce around the $1.37 level."

    Wow (sarcasm)! Why would there be a big seller at $1.37. Maybe such big seller was a big buyer in the last 6 weeks as the share price rose from $1.05 to $1.30. That was a very gutsy move (sarcasm) - buying from mid/late March when most of the good info re the quarterly was 'known' to some.

    I will guess

    1) those in the know buyers will want to dump a few million shares at a 15 to 20% profit in the 1.30s
    2) THEN we will see what the real market is; I suspect it will grind up as the good news of the report will be consumed by brokers; so a share valued about $2 (most brokers have that or more on it) and on the UP (performance wise) will see new buyers
    3) the share, you recall, dove three times... from the 1.60s to about 1.40. Then the sudden dive to 1.20. Then the grind down into the 90s; there was a lot of shorting going on as GDXJ sold a big part (and the GDXJ insiders knew about that)

    So... give it 5 mill or so shares changing hands in the 1.30s, then we will know where it goes then

    Like you Loki, I bought in today on the report. The ship seems to have turned.
    Last edited by danhoff: 15/04/19
 
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(20min delay)
Last
$2.91
Change
-0.030(1.02%)
Mkt cap ! $2.744B
Open High Low Value Volume
$2.92 $2.96 $2.86 $15.89M 5.459M

Buyers (Bids)

No. Vol. Price($)
1 29450 $2.91
 

Sellers (Offers)

Price($) Vol. No.
$2.95 68639 3
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Last trade - 16.11pm 25/06/2025 (20 minute delay) ?
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