mate, $3000 gold prices aren’t even accounted for in this number. This definitely isn’t their “best best” scenario. This cash build will only increase as hedges run off the balance sheet and production costs subside. Very happy with my decision to invest in WGX, I don’t know how you can interpret this report as anything but outstanding.
My only gripe is that WGX should be thinking about acquisitions and building production, but hey I’m pretty sure they know better than me and they are probably waiting to be in a slightly better financial situation
WGX Price at posting:
$1.51 Sentiment: Buy Disclosure: Held
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