Just put together a quick comparison of WGO vs EQX. Please note this is the basic facts - DYOR
EQX
89m shares @ $3.81 = $339m mc
Carried out Airborne magnetic and radiometric surveys in August 2010 with positive results - sp rerated up from $0.44.
Placement in Dec - 14m @ $1.80.
WGO
39m shares @ $1.17 = $45 mc
Airborne magnetic and radiometric survey currently underway, initial results due Feb.
Mike Young - MD of BCI has just been appointed a Director.
Jungle Creek Gold Mines Ltd (T Streeter, Director of WSA and FXR) recently brought an 11% interest.
Past assays of 68% Fe.
EQX has potentially got 2 projects and Rail is closer, however the risk/reward defintelys favours WGO imo.
I hold WGO and have been adding over the last week.
Early days for both and there is possiblities that they could be the next SDL ($1.3B mc and not yet in production).
wgo - eqx comparison
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Last
0.5¢ |
Change
-0.002(28.6%) |
Mkt cap ! $12.29M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.5¢ | $14.22K | 2.264M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 262531 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3733330 | 1 |
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| Last trade - 10.34am 01/08/2024 (20 minute delay) ? |
| GTI (ASX) Chart |