GREY:GRFJF - Post by User
Comment by
Orwellon Oct 13, 2008 9:46pm
499 Views
Post# 15523481
RE: New
RE: NewThe stock is depressed due to worldwide panic in the markets, and a slight downturn in the price of gold.
WGI is still a junior, so it is not as liquid, a few people want to get out, and bang the stock goes down.
Just another buying opportunity.
The longterm outlook for gold is good with increased U.S. inflation on the way.
In the short-term, who cares, WGI has their costs of production hedged, and the rest is gravy.
O.