WGR western gold resources limited.

Ann: Strong Initial Results at CMGP and Project U, page-7

  1. 6,439 Posts.
    re: Ann: Strong Initial Results at CMGP and P... Agree jt

    You can't help but have the feeling this company is too top heavy with projects

    Even the CMGP looks a bit beyond management. Look at the sheer number of existing open pits and underground mines. How about just getting Big Bell back into production first, on its own? There's more than enough resource there alone. What's this fantasy with trying to find new discoveries at Cuddy? Optimise the existing pits and get the cash rolling in

    Look at someone like NST. One mine brought back online successfully. And KMC with Bullant. Management should learn a lesson from these guys

    You'd be excused for thinking we're trying to produce 500,000ozpa in our first year, and that's not even considering Rover

    Cheers
 
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