Or WGX share price could be rising because the market is picking over the bones of the cheaper gold dogies on hopium given the gold price - note how RSG and OGC have also recovered.
WGX is not one for orphans and widows - its spec, with potentially high returns if Cookie can improve his menu, or a kick in the rear for us if he flunks his cooking class.
If the USD POG keeps heading higher than it will drag WGX along for a while. But holding WGX during a major gold price retracement without the benefit of Big Bell delivering may result in the share price going back to $1.50, or lower.
loki (Oh Cookie, when are you going to deliver us our feast?)
WGX Price at posting:
$2.38 Sentiment: None Disclosure: Held
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