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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (59027)4/23/2008 7:51:06 AM
From: ogi  Read Replies (1) of 78421
 
One thing that is a certainty, operating any mine is a difficult
and frequently problematic business, not one I would care to tackle. I rarely own producers. I don't own WGI.

I think one impediment to WGI 's future share price may be their intention to leverage Mesquite for acquisitions. If they stay in perpetual growth mode the stock well feel the additional burdens until they reach another milestone of growth. POG will be a big determinant, if it rises back above 1000 in the near future (6 mos),as I expect it will that will give WGI a much better profit profile. There is no denying management brought Mesquite on line in a timely and cost efficient manner.

Talked to my tire guys recently when retreading my tired chariot, got the impression the industry is starting to deal with the lack of industrial output.

Cheers,
Ogi
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