Price drop, page-8

Have you been holding WGX stock for awhile?

Don't want to persuade you from your reality. But I just want to give you some facts - in December 2016:

Westgold share price hit a bottom of $1.41 a share, and
Northern Star hit a bottom of $2.95 a share.
Westgold at that time was compared more like Saracen, and Saracen hit a bottom of 91c.

Don't quote me, but for approximates:

Westgold was producing 240k in gold production,
Northern Star around 700k, and
Saracen around 300k

Management is a testament to how the company revinests their capital and drive shareholder return. So it's 3 and half years later now:

Northern Star is now forecasted to produce 1.15m ounces and its share price closed at $10.72 (29.85% down from it's 52 week high of $15.28)
Saracen is now forecasted to produce 500k+ ounces and it's share prices closed at $2.97 (37.5% down from it's 52 week high of $4.75)
Westgold is now forecasted to produce 300k ounces and it's share price closed at $1.625 (36.7% down from it's 52 week high of $2.52)

So in 3 and half years:

Northern star delivered share price return of 262% and while increasing gold production profile by 450k ounces
Saracen delivered share price return of 226% and while increasing gold production profile by 200k ounces
While, Westgold delivered a share price return of 15.8% while increasing gold production profile of between 30k to 50k

It seems the barrier must be quite low on what is considered good management these days.