GREY:GRFJF - Post by User
Comment by
nwtfeon Aug 03, 2007 8:23pm
198 Views
Post# 13200288
RE: If you have NOT done your homework on WGDFF
RE: If you have NOT done your homework on WGDFFI bought a small position for the following reasons:
- I belive that gold is going up.
- WGI should move as we move towards actual mine production.
My conerns, if anyone cares to address them are:
- High cost per oz: $350 Cost of Sale, $416 total cost. This seems high relative to other producers.
- Lack of growth potential. This is a one mine stock. There may be some exploration potential on site, but when are they going to drill?
Again, I am a shareholder and not intending to bash. Just wondering what other investors are thinkning.