I'm not keen to put more money into this one. May be planning another tilt at GCY to get a good plant. The resources, not so much, they will never pay a dividend and I am pretty disappointed in WGX on this front also. We see all this stuff about the fantastic grades at Paddys Flat etc but when you look at the projections, they have less than 3g a ton on it. The directors/CEO are getting very good money, but us? Nah. Pretty typical for gold miners. The only thing that keeps me interested is the chance for a gold price explosion sometime soon. Russia may be introducing a gold backed Rouble soon. That would upset the chooks in the west, eh?
WGX Price at posting:
$2.12 Sentiment: Hold Disclosure: Held
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