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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: AurumRabosa who wrote (56058)1/28/2008 8:38:18 AM
From: ogi  Respond to of 78435
 
I think the market turmoil since August has held back many of the
gold stocks and in the case of WGI this turmoil has coincided exactly with their emergence from developer to producer.

Once they prove their production is according to plan they should get reviewed by the market. Production numbers, price of gold and market sentiment will dictate the price of WGI going forward.

I do not own it by the way, but agree it should do well as it becomes a reliable producer. The fact that Cleland et al modeled the mine as profitable with $500 gold would give me some peace of mind.

Cheers,
Ogi