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Bullboard - Stock Discussion Forum
Westgold Resources Ord Shs
T.WGX
Alternate Symbol(s):
WGXRF
Metals & Mining
Gold
Westgold Resources Limited is a mid-tier gold producer and international gold company. The Company is engaged in the exploration, development and operation of gold mines, primarily in Western Australia. The Company owns and operates all of its underground and open pit mines. Its operations include Murchison Operations, Meekatharra Gold Operations (MGO), Cue Gold Operations (CGO), Bryah...
Operations, Higginsville Gold Operations, Spargos Gold Mine, Beta Hunt Mine, and Lakewood Gold Mill. The Murchison Operations are located around the regional towns of Meekatharra and Cue in the mid-west region of Western Australia and incorporate the Meekatharra and Cue Gold Operations. MGO is located around the regional town of Meekatharra and encompasses assets, including the historic gold mining centres of Meekatharra North, Paddy’s Flat, Yaloginda, Nannine and Reedy’s. CGO is located around the regional town of Cue and encompasses Westgold’s southern group of Murchison assets.
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Bullboard (TSX:WGX)
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(259)
•••
Rainman01
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Comment by
Rainman01
on Dec 12, 2024 12:49pm
RE:As good as any excuse
They are cashing in some chips and making some money before it goes back up again. There are some gold speculators that are calling for 3000 gold for the new year and all panelist on the latest video
...more
(303)
•••
MaterialsMan
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Post by
MaterialsMan
on Dec 12, 2024 12:08pm
As good as any excuse
Gold had a sharp drop today. From what I can gather, it is being attributed to more minor inflation. Some authorities like to exclude food and energy prices from the CPI, but the beancounters decided
...more
(29)
•••
Symbiotic
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Post by
Symbiotic
on Dec 12, 2024 12:00pm
Turdope at it again
"Canada bans more shovels", by Arkopia. Maybe he had a nightmare about Canadians doing certain things with those dangerous shovels.
(307)
•••
Odinson
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Comment by
Odinson
on Dec 12, 2024 11:58am
RE:RE:RE:RE:Looking good ...
I see that we hit a little bump in the road today, That is bound to happen a time or few but overall our trajectory remains very good! It will be interesting to see what develops from the
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Dec 11, 2024 7:52pm
New Press Release - Crown Prince Ore to Increase Production at Meekatharra
PERTH, Western Australia, Dec. 12, 2024 /CNW/ - Westgold Resources Limited (ASX: WGX) (TSX: WGX) (OTCQX: WGXRF) (Westgold or the Company) is pleased to advise it has executed a gold ore purchase agreement (OPA or Agreement) between its subsidiary, Big Bell Gold Operations Pty Ltd, and Zeus Mining...
read article.
(259)
•••
Rainman01
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Comment by
Rainman01
on Dec 11, 2024 3:00pm
RE:RE:RE:Looking good ...
With gold on the rise and Westgold about to hit 125 thousand Oz per quarter we are looking pretty good. To answer your question yes 3 dollars soon and that should be just the beginning. We have 21
...more
(307)
•••
Odinson
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Comment by
Odinson
on Dec 11, 2024 1:54pm
RE:RE:Looking good ...
Things are looking pretty good today, wonder if we will hit $3.00 by year end?
(303)
•••
MaterialsMan
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Post by
MaterialsMan
on Dec 11, 2024 11:48am
Shocking factoid
The current value of all the gold being held by central banks as reserves at $2700/oz comes to around 3 trillion. The market cap of Microsolt is about 3 trillion. What's wrong with that
...more
(29)
•••
Symbiotic
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Post by
Symbiotic
on Dec 11, 2024 9:50am
Well the thing is
By definition in conventional economics at a more base level this stock is priced fairly by PE ratio due to gold being catorgorized as a "commodity". The powers that be think they are
...more
(303)
•••
MaterialsMan
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Comment by
MaterialsMan
on Dec 11, 2024 8:59am
RE:RE:Top secret
That stuff's above my pay grade. Just quoting what I read. Interestingly, the pegged thing applies to ETFs big time but nobody seems to care much. EG. some gold ETFs are fully backed by physical
...more
(29)
•••
Symbiotic
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Post by
Symbiotic
on Dec 11, 2024 8:45am
Interesting
"Man with 200 IQ explains the secrets of reality" by, Video advice. It is interesting but IQ is more a catalog of people, events and ideas of things that have been done. It alone can't
...more
(29)
•••
Symbiotic
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Comment by
Symbiotic
on Dec 11, 2024 8:21am
RE:Top secret
Pegged to is indexed or relative to but not necessarily convertible to. It certainly is not simple as it should be. Who's initiative is the BRICS unit on coin base? I have a Coin base wallet but
...more
(303)
•••
MaterialsMan
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Post by
MaterialsMan
on Dec 11, 2024 7:58am
Top secret
According to AI Overview, there is a BRICS token. It is pegged to the BRICS fiat currency, which is in turn pegged to a unit of GOLD. The price of a BRICS yesterday was $47.94. BRICS are supposedly
...more
(303)
•••
MaterialsMan
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Post by
MaterialsMan
on Dec 10, 2024 7:59pm
Knee jerk reaction
Since Trump threatened the BRICS+ consortium with 100% tariffs on everything if it continues to challenge dollar supremacy, central banks have renewed their gold purchases. I suspect this as being the
...more
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