Whitegold Resources Corp (WGO) Asset Rich, by any measure Message Board

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Gold/Mining/Energy : Whitegold Resources Corp (WGO) Asset Rich, by any measure

WGO 36.24

+4.6%

3:59 PM EST

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To: Francis R. Biscan Jr. who wrote (175)	8/26/1997 11:29:00 AM
From: Mikey	of 378

It looks like WGO may have broken a support level...the lower trades last week looked like flukes but this week is low again. It's still on a definite downtrend and the next support level showing up on my chart is .38-.42 from way back in '94. Also, Oct/Nov are seasonal lows in many stocks. I don't know when WGO's next big news will be, such as announcement of a buyer of their product (the large tonnage samples sent out...), but if it doesn't happen until after mid-October we might see more decline over the next six weeks. M.

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