I think this has very good potential far from a rubbish stock as above has mentioned. Very low liquidity 81M shares mostly held by T20. 289k JORC , consistent good results . Copper potential . I also have a feeling the “Blob” will produce something special it reminds me of somewhere very successful I’ll mention once confirmed.
This has the potential to produce a well over 1M /Oz JORC near term . That would be considered low in this region and won’t be surprised if it’s many times bigger. 11M oz mine less than 40km away.
Plus these guys won’t F around when it comes time to mine .
I suggest ignoring short term price. Not a very good stock for short term trading. Bottom draw with a 12 month minimum view. Gold prices will rise back over US$2000 results will consistently flow in, then the mining discussions will start. You will be looking at dollar sign in front of SP then add a potential copper discovery on .
Strong Buy in my opinion
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WGR
western gold resources limited.
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I think this has very good potential far from a rubbish stock as...
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Mkt cap ! $21.00M |
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