Thats fine Merv, I did do some research on it . In the end it...

  1. 16,781 Posts.
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    Thats fine Merv, I did do some research on it .
    In the end it may mean digging up some papers but I'm not a geo. In fact I thing I remember you having a stronger geological background. I'll even confess how I lost my nerve and ran selling out at arelative low point on a stock ine the belt who gained eventual success. Admitting to things like that are an indication f happiness with current success in Cu (and Zn).
    If your question is why did Petr Cook choose to resurrect the name confusing all I believe the answer lies in that the most important leases for Gt Fingall and BigBell were never moved from the registered (as opposed to listed named) co. Westgold. Thus the capital gains cost base was retained and used to strike the prices for each of the entities MLX and WGX Inthe merger. Why WGX. The glib answer is WGR had been previously used and new company tickers now end in X. Some of that is speculation on my part but I believe the gist is right and people will rush to correct me.
    I commenced penning an equally long answer to the pedigree of the wGX gold assets but lost it possibly to the relief of some readers. You note on ABY covers much of the ground too.
    Last edited by arsenic: 23/02/17
 
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