WEZ westonia mines limited

down to 10cents

  1. 229 Posts.
    Is this stock worth another look? It's cheap as chips.
    They need to secure financing but why not just hedge some future production? At current prices they will still make a good profit and get their show on the road. If POG rises they only lose unrealized profit, if it falls they look like financial geniuses.
    Hedging has been on the nose for a few years because of the losses made when mines hedged at low prices. Now is the time to look again at this method of securing finance for gold mines.
 
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Currently unlisted public company.

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