hold niether, sold out of GDN a while back. Have SGY, FML (jump in and out of this a bit), IFE and SBL. Gold and Iron my pref at the mo. SGY is about to drill some ground, IFE DFS due any day now. These are all spec stocks, Ill save blue chip for my super.
WCU is a spec stock, I just wonder what they are up to and whether they will make money out of this toll treatment arrangement. What is the actual strategy for the company? Are they going to simply hope that they can use other's spare capacity well into the future are they planning grander things?
My other investments have strategies and some do not have all the answers on costs (SBL has not done a DFS, but they will be running a plant soon and have indicated good margin expectations). I love investing in small companies as there are jems to be found (my best ever was Oxiana). But enough of that this is all about WCU.
WCU Price at posting:
16.5¢ Sentiment: Sell Disclosure: Not Held
