The price of an asset is determined by capital wanting to escape the asset and capital wanting to capture the asset. Apparently the news about the gold pour only nudged the ratio a bit, and moved price up 0.3 cents. I think after a quarter of gold production and sales, future cash flows will be more easily predictable, making it less risky for investors, which will enable the increase in capital inflow to move the price of WPG up.
WPG Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
