Wescan Goldfields Inc V.WGF

Alternate Symbol(s): WEGOF

Metals & Mining Gold

Wescan Goldfields Inc. is a Canada-based mineral exploration company based in Saskatchewan. The Company is focused on the exploration of its portfolio of gold properties and the acquisition of new exploration targets. Its properties include Fork Lake property, Jojay gold property and Munro Lake gold property. The Company holds a 100% interest in the Fork Lake/Jasper/Tamar (Jasper) gold property, consisting of certain mineral dispositions covering 6,513 hectares located approximately 150 kilometers northeast of La Ronge, Saskatchewan. The Jojay gold property consists of five claim blocks covering 1,496 hectares located approximately 150 kilometers northeast of La Ronge, Saskatchewan. The Company holds a 100% interest in the Munro Lake gold property. The Munro Lake property consists of mineral dispositions covering 2,489 hectares located approximately 128 kilometers northeast of La Ronge, Saskatchewan.

TSXV:WGF - Post by User

Wescan Goldfields Inc

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Comment by northern-ehon May 07, 2008 5:44pm

361 Views

Post# 15049024

RE: Wescan price

Well said! Something similar happened at about this time last year. Then, after that brief spike up, the share price fell to new lows.

I've wondered if it has something to do with an upcoming annual meeting. Or WGF management may have some other reason to do with accounting or PR for dressing up the pig. What may be happening is that the parent company, Shore Gold, is helping out its struggling offspring by buying more shares and boosting the share price.

I took profits last year and did so again this time. Just in case, I hung onto a few shares.

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