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 42.57

-0.5%

12:59 PM EST

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To: Joel W. Grothendick who wrote (351)	7/22/1998 1:06:00 PM
From: ThomasB	Read Replies (2) of 378

Hi Everyone, This is my first time on this thread. However, I have been a shareholder of WGO for a few years. I have seen the ups and DOWNS in this stock and obviously I have confidence that some day the patient investor will be rewarded. Patient being the key word. I have been reading this thread for some time now and just now have decided to come in from the sidelines and hopefully add something worth reading. I for one am very happy to see Allen back into the fold. I am even happier to hear that he has rid the company of most of the previous regime. If any company needed a change it was this one!!Not to say that this company still needs some help with running the company and more importantly getting the permits in place so that this project can get off the ground. What this company needs most of all is some credibility in the eyes of the investment world. This, in my opinion, can come about in two ways; one being to get a Joint Venture partner with deep pockets who will ease the financial burden that this company now has. No shareholder likes to see the only source of income be from selling shares and thus diluting everyone else. However just about any junior mining company has this same problem. The second thing that needs to happen is to get all of the permits in place so that everyone can at least see the light at the end of the tunnel as far as going to production is concerned. This will allow the company to market this project to not only investors, but if it is in the best interest of the shareholders, to another company. One thing that I have read on this thread is the need for this company to promote itself more. I somewhat agree with this but in this day and age where every company is looked at as the next Bre-X a potential investor needs to see that at the very least the company has all of it's ducks in order. Until the above two things are done it is my opinion that the stock price will not jump like we all hope it will. Of course I, like most other people, thought this would of happened by now but it hasn't so lets look towards the future and hope for the best. It's good to see some shareholders (Joel) who have been around for a while coming back. I have seen the stock at $2+ and I wish I sold at those levels. But I never thought I would be seeing the stock at .20 at this stage of the game. But I was wrong and with high return comes high risk. Sorry about the long response but I have been following this stock for a while and I had a lot to say!!! ThomasB

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