Interesting story in todays West Australian newspaper regarding SFR's sensational SP increase from April when it was at a mere 0.11 to yesterday's cloing all time high of 2.73 (I think from memory).
Now I haven't done any research into SFR & I actually don't intend to either however I see from what little I do know, certain similarities with WGR namely the resource - gold/copper & importantly the impressive drilling results!
Perhaps WGR has at this stage of proceedings been overlooked by the market to some extent in terms of it's resource & grade potential both in terms of the Au & of course the Cu?
I'll go out on a limb here & say that in my view WGR will by the end of Q42009 be valued considerably higher than its current position?
The drilling results from Rover 1 have been nothing short of outstanding & I believe there will be more to come if the most recent results are an indication.
WGR management appear extremely adept at getting on with the process needed without the fanfare we've come to expect from other resource companies & the flow of news for the remainder of this calendar year will in my view be nothing short of company making!
Sitting tight watching as this terrific story unfold.
CLM
WGR Price at posting:
51.0¢ Sentiment: LT Buy Disclosure: Held
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