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GREY:GRFJF - Post by User

Post by jerryb1on Feb 26, 2009 1:27pm
765 Views
Post# 15805620

Western Goldfields - Wellington Update

Western Goldfields - Wellington UpdateNOTE : WGI IS Being Accumulated by someone

Even in the face of a gold retreat from $ 1000 buyers step in on any large offer of shares.

Wellington West Update on Western Goldfields

Rated as a Buy
Target price $ 3.50

The Mesquite mine is now in the second year of open pit production..
WGI trades at a lower price-to-cash multiple than its peers.
- that is it trades at 5.3 when the peer ratio is 9.8

source www.amprogram.com
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