WGX westgold resources limited.

News: WGX Westgold Resources And Karora Resources Agreed To Combine In A Merger, page-116

  1. 6,812 Posts.
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    What gives?

    I bet you these Numbnuts confused it with ASX.KRR (King River Resources)
    https://hotcopper.com.au/data/attachments/6175/6175257-1a3da7d07a8f96df68306c53f179c8ea.jpg
    Both TSX.KRR
    https://hotcopper.com.au/data/attachments/6175/6175275-06c53754c7f6246afbb3f4c408c2744b.jpg
    and ASX.WGX
    https://hotcopper.com.au/data/attachments/6175/6175276-a2bca10bc81f8e7c899d0cc51be20987.jpg
    have flawless balance sheets and solid cashflow.

    Sure the marriage introduces some uncertainty into the mix but not enough to warrant that kind of short reaction. Definitely not when you consider where the gold price is at.

    Last edited by Exised: 16/05/24
 
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