Cheers Spec, WGX has become a high conviction trade for me so I'll read this with great interest.
Everyone's panicking but I was happy as Larry to be buying more at 90c today. Will know within 6-8 weeks whether my confidence is unfounded or not. I noted that the short selling (standard MUFG) is starting to pick up.
Hopefully they get squeezed by a bump in GP or some other good news like good drill result from Caustons, Sovereign Reef, Great Fingall or perhaps an update on the Bluebird mine expansion which should be due any day now.
I can't understand why so many are panicking and rushing to sell, they have no corporate debt, 180 million cash and are now trading at 30% below NTA. They're not about to file for bankruptcy next week, month or year! I won't mind picking some more up in the 80-89c range if I'm able.
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