GREY:GRFJF - Post by User
Comment by
loantech1on Mar 27, 2007 3:40pm
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Post# 12498886
The highly respected Bill Cara had this to say
The highly respected Bill Cara had this to sayabout Western Goldfields:
Western Goldfields had a +10 pct pop today immediately after Hugh Cleland Jr (who runs Canada's top performing hedge fund) reiterated the company (TSX:WGI and USOTC:WGDF) as one of his three top picks, plus one of his two top core holdings (7.5 pct each weighting) in his portfolio, while on ROBTV/BNN.
The company will commence gold production in 2008. I have repeatedly stated that this is the best pick in the junior golds, bar none.
Unlike most other gold juniors, WGI/WGDF is not a stock promotion. It is a very small company with a high quality property in Southern California with L.A. County as a partner, plus a senior management team that equals any of the majors.
On a pure risk:reward basis, this is my pick. I recommend that traders buy the dips every time the stock dips. Obviously there is some old stock coming out from the prior shareholder group. One of these cycles, the next dip will be the last dip.
https://www.google.com/custom?domains=billcara.com&q=Western+Goldfields&sitesearch=billcara.com&client=pub-5925421280532228&forid=1&channel=7010093491&ie=ISO-8859-1&oe=ISO-8859-1&cof=GALT%3A%23008000%3BGL%3A1%3BDIV%3A%23336699%3BVLC%3A663399%3BAH%3Acenter%3BBGC%3AFFFFFF%3BLBGC%3A336699%3BALC%3A0000FF%3BLC%3A0%0D%0A%0D%0A000FF%3BT%3A000000%3BGFNT%3A0000FF%3BGIMP%3A0000FF%3BFORID%3A1&hl=en
Posted by: Bill Cara at March 26, 2007 3:30 PM
babymook I hope you are right about the price. How did you come up with the higher figures?
https://www.billcara.com/archives/2007/03/caras_bull_board_monday_march.html#comments