WGX 2.79% $2.95 westgold resources limited.

Hey Sam, Starlight has indeed been a lagard, and... if...

  1. 11,872 Posts.
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    Hey Sam, Starlight has indeed been a lagard, and... if everything else is humming, then WGX is hopefully firing on all pistons.
    As you say, perhaps the grades at Nightfall are making a substantial difference.

    WGX has quite an interesting chart, as.... it's actually not far off it's all time highs, after that... well I will leave it to the T/A guru's.
    Though I would argue that even if it hits $2.60ish. It will still be undervalued to it's peers. I think around $3.50 is a good target from a market cap perspetive, but of course, that is just one measure.

    https://hotcopper.com.au/data/attachments/5845/5845588-242164126eedf0c800bd7d62722ddae4.jpg

    On other matters, WGX had some good results at the drill bit after many years of slumber. Though... the hit shown below is not overly representative of their drill results, which are... more focused on bulk U/G mining (so the hits are usually longer and lower grade).

    https://hotcopper.com.au/data/attachments/5845/5845591-9a76d23a3cf5e6c512a3a0cc956d8679.jpg

    WGX, GBR, OAU and SPR all in the Murchison region. Def punching above it's weight these days.

    Here's hoping 2024 is another strong year for WGX.
 
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