Wheels Group Inc GRFJF

RE: don''''t get it ?!! STF

[make_rubles]

WGI is one of the safest gold plays out there. Sure we can go to 3.25 in the short term BUT when you look at this 1 or 2 years out I cannot see how this is not a screaming buy. We have poured gold already and let's not forget hedging begins in July so everything from now until then is NOT hedged at 801. To date, management has under promised and over delivered which will turn out to be good in the long run. Now let's see if we beat the 155-165K oz per year. I expect we will. Cost will be lower than what has been communicated as well. I'm betting on it. In the short to intermediate term there will be a lot of market noise that will move it all over the place and some stocks will be mis-priced due to panic or margin selling. My bet a short term bottom is not in place yet for the major indexes so if you are playing very short term, I'd sell the bounces. The $VIX index is still in the mid 20s and history shows that we need a 30 reading or higher to show us a short term bottom like in August and November of last year. Staying long gold and WGI! If we get 3.25 I'll just have to nibble at some more. WGI will be priced like a producer, as they are, once they have released a couple of earnings reports. That will put them in the 5-6 range at least. IMHO GLTA!