The gold price now >$100 per Oz higher today than Friday and WGX unhedged and this is just the beginning of the move in gold. Investors will work it out eventually.I remember a very astute analyst calculated that the average price move of a security or share on the breaking of a triple top was about 100% (doubling of price) and the move usually unfolds in relatively short time frame. Not years, but months. Think about that for a moment,with USD gold triple top is @ $2080-85. At current exchange rate we are talking the possibility of AUD6000.00 as the gold price heads higher into 2026.
News: WGX Westgold Resources Produces 63,104 Ounces From Murchison And Bryah Operations For Q1, page-12
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Last
$2.42 |
Change
0.000(0.00%) |
Mkt cap ! $1.146B | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.43 | $2.33 | $7.887M | 3.286M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11224 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 18381 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WGX (ASX) Chart |