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Bullboard - Stock Discussion Forum Wheels Group Inc GRFJF

GREY:GRFJF - Post Discussion

Wheels Group Inc > Another Look
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Post by hardknocks on Mar 18, 2008 4:41pm

Another Look

It appears that with the current conditions of the economy and hands on action from the US, it is only delaying the inevitable. It's fasinating how many $ are being spent by the current administration. They have to find the collateral to pay for the spending. This temporary lag in the price of Gold will correct to an even higher level possibly. Any thoughts?
Comment by mavi on Mar 18, 2008 6:33pm
Last NR in mid Jan said they were ahead of schedule, and pouring gold. In a month or two they will let us know how production is going. There has been no snag or they would have let us know. Routine production is not news. The problem is everyone is impatient and too anxious for new good news. Its like a kid asking "Are we there yet?" every 10 minutes of a two hour trip. We're on the ...more  
Comment by __D__ on Mar 18, 2008 7:37pm
I agree. Gold could jump to 1200 and WGI may not move. At this point the issue is not (IMHO) the price of gold, it's will all the various components of the mine work and deliver the expected yeild. (Even though I believe the above... my stomach still turns when the sp drops) GLTA D.
Comment by loantech1 on Mar 18, 2008 9:39pm
Costs may be up to or north of 425 that is news. 60 bucks + higher than forecast. But I still hold all my shares.
Comment by lancealoz8 on Mar 19, 2008 12:20am
wgi is a micro play,and does not move up or down based on macro considerations.It is simply an old mine being rehabilitated and restarted with more effective extraction techniques.the stock is obviously targeted by shorters and does not enjoy yet a strong following.It is easy to move it up and down between 2 set prices like 3 and 4$ and make serious money in the process.But once it publishes ...more  
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