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Strategies & Market Trends : Investing for the Long Run

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To: loantech who wrote (40)7/5/2007 10:35:26 PM
From: tyc:>  Read Replies (2) of 68
 
Have done my DD on WGI, and I am impressed. I shall try to accumulate more stock by trading my system. More about that later.

Actually I compared it with Metallica. It appears that for WGI, $1,000 of the current market cap will buy 13.3 ounces of PM resources. For Metallica, $1,000 of current market cap will buy 13.6 ounces of PM resources. Certainly comparable.

However, the chart admits that it takes no account of base metal resources. Here, Metallica scores heavily, and the feasibility study due in September is exciting. I could talk about the leverage of the warrants, but I know you hate warrants even more than my charts. So I'll show restraint.
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