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Wescan Goldfields Inc V.WGF

Alternate Symbol(s):  WEGOF

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

Bullboard Posts
Comment by crockyon Jun 18, 2008 12:06am
316 Views
Post# 15196827

RE: sorry gxs too excited

RE: sorry gxs too excitedSo , will GXS hit coal again and how far ahead of WGF will this happen? Both are doing financing in the near term but with the excitement ofthe coal play I don't know how much the dilution of WGF will  cool thatfever. GXS can issue 1million shares and satisfy their goal with hardlya sneeze.
Will the upside for Wescan be greater or similar to GXS's if GXShits coal with some of their next 7 holes? I guess +ve for all 7 wouldbode very well for possible success for WGF. I wonder if GXS has plansto drill closer to WGF's property line or further away. I think thatthe land is dryer heading NW towards the rail line and hwy. so maybeGXS will pick that direction for the summer and wetter areas for thewinter.
I wonder if it is smarter to hold both throughout all of thisdrilling or switch the weight of  one's position to the company that isdrilling ? I'm expecting the time lag to be about 2 months between the2 drilling programs. I'm not sure if the Fugro airborne surveys will produce much excitement. All of these prognostications presume positive results from the work each company is doing. The risk of failure is higher for WGF.
Crocky
Bullboard Posts