GREY:GRFJF - Post by User
Comment by
Orwellon Sep 16, 2008 11:07pm
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Post# 15461358
WGI $1 or $5
WGI $1 or $5It's all about the price of gold at this point. WGI is low grade, so it has danger to the downside, but leverage to the upside. E.G. a $100 gain in gold for a stock like WGI sort of translates into $1+ per share rise. Gold at $700 WGI at $1, Gold at $1000, WGI at $5. With those odds, having some WGI doesn't look too bad. I like IMG also.
O.