GREY:GRFJF - Post by User
Comment by
eebleron Nov 02, 2007 1:21pm
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Post# 13741281
RE: Why is WGI Down When Gold is Up?
RE: Why is WGI Down When Gold is Up?New to posting but been reading them for months so figured I would join in...
Quarterlies just came out yesterday and with the fact that everything is progressing exactly to the accelerated plan, it may almost be a ho-hum mentality because with no problems, even though they are tracking exactly to plan, nothing to get any extra excitement going. Like some other pre-production mines, production may be close to being built into the price until revenue and production stats reflect full operation, because since mid-June its been a >60% runup and so for someone who was on board prior to that, probably a nice time to exit before it starts to waffle up against some street estimates of $4.50.