Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: marcos who wrote (57726)	3/19/2008 3:50:23 PM
From: loantech	Respond to of 78417

Wednesday, March 19, 2008 Peter Hodson, senior portfolio manager Sprott Asset Management on WESTERN GOLDFIELDS BNN March 17, 2008 WESTERN GOLDFIELDS (AMEX:WGW TSE:WGI): the stock has been doing okay but not as good as some of the other players. Of course they have 60 thousand ounces hedged at $800, at that time looked great but not great anymore. So it is not go to name in mid-cap space but they have 100,000 unhedged and that will be recognized. It is a great management team. I think the next catalyst will be buyout or merger. I think this is company dying to hook up with someone else. You get from 1 to 2 mines, their 160,000 ounces could go to 320,000 ounces, suddenly big player, could reduce hedge position. I always thought they would be great merger candidate with AURIZON MINES (AMEX:AZK TSE:ARZ), become capital markets play. Trouble with that is who runs it, egos involved. To turn bigger company then people will take notice.. WESTERN GOLDFIELD VITALS Closing Price March 19, 2008: $3.27 Cdn 52-Week Range: $1.73-4.13Cdn # of Shares Outstanding: 129 million Quoted Market Value: $424 million Cdn % Institution Owned: 30.14% Most Recent MD&A Nov 2007 download HERE