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
-0.090(3.59%) |
Mkt cap ! $1.136B | |||
| Open | High | Low | Value | Volume |
| $2.46 | $2.47 | $2.38 | $5.902M | 2.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 31729 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 22869 | 22 |
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| Last trade - 15.50pm 27/06/2024 (20 minute delay) ? |
| WGX (ASX) Chart |