RE:New update"When we get the new update by end of next month, what is it going to do to our share price?" The following price history is what happened when NKL (now WG) released the resource estimate back in July 2011. When the first PEA was released back in June of 2012, the stock price action was less robust. But the shares did gap up, traded 500K shares and closed higher. But in typical John Lee fashion, he announced a $23 million or so finance package within days of the first PEA and that pretty much killed the momentum of any stock run. But hey, it did pay for a lot of drill holes. Meanwhile, it should be noted that NKL's market cap back in June of 2012 totaled $115M. Compare that to the market cap of WG today of $55M or so. Something has to give and the pending Update is at least a catalyst with a past stock price history.
07/29/11 | 2.91 | 3.19 | 2.91 | 2.97 | 897,345 | -0.03 | -1.00% | 2.97 | 2.69m | N/A | 07/28/11 | 2.88 | 3.38 | 2.68 | 3.00 | 2,224,090 | 0.10 | 3.45% | 3.00 | 6.9m | N/A | 07/27/11 | 3.13 | 3.59 | 2.71 | 2.90 | 1,945,559 | -0.20 | -6.45% | 2.90 | 5.84m | N/A | 07/26/11 | 3.12 | 4.02 | 2.91 | 3.10 | 3,824,636 | -0.15 | -4.62% | 3.10 | 13.5m | N/A | 07/25/11 | 5.32 | 5.50 | 3.16 | 3.25 | 5,323,324 | -2.07 | -38.91% | 3.25 | 24.16m | N/A | 07/22/11 | 4.38 | 5.63 | 4.38 | 5.32 | 3,510,256 | 0.97 | 22.30% | 5.32 | 17.48m | N/A | 07/21/11 | 3.74 | 4.53 | 3.44 | 4.35 | 3,610,479 | 0.83 | 23.58% | 4.35 | 14.53m | N/A | 07/20/11 | 3.26 | 3.77 | 3.16 | 3.52 | 3,943,443 | 0.22 | 6.67% | 3.52 | 13.65m | N/A | 07/19/11 | 2.46 | 3.34 | 2.26 | 3.30 | 3,482,624 | 0.81 | 32.53% | 3.30 | 9.58m | N/A | 07/18/11 | 2.47 | 3.09 | 2.36 | 2.49 | 4,959,645 | 0.27 | 12.16% | 2.49 | 13.52m | N/A | 07/15/11 | 1.55 | 2.70 | 1.37 | 2.22 | 7,199,908 | 0.63 | 39.62% | 2.22 | 14.87m | N/A | 07/14/11 | 0.77 | 1.68 | 0.77 | 1.59 | 3,782,656 | 0.85 | 114.86% | 1.59 | 4.82m | N/A | 07/13/11 | 0.74 | 0.78 | 0.69 | 0.74 | 248,620 | -0.02 | -2.63% | 0.74 | 182.67k | N/A | 07/12/11 | 0.59 | 0.76 | 0.59 | 0.76 | 300,238 | 0.13 | 20.63% | 0.76 | 193.08k | N/A | 07/11/11 | 0.60 | 0.65 | 0.59 | 0.63 | 252,905 | 0.02 | 3.28% | 0.63 | 155.63k | N/A | 07/08/11 | 0.59 | 0.61 | 0.57 | 0.61 | 213,577 | 0.01 | 1.67% | 0.61 | 128.5k | N/A | 07/07/11 | 0.60 | 0.62 | 0.55 | 0.60 | 187,563 | -0.05 | -7.69% | 0.60 | 111.3k | N/A | 07/06/11 | 0.67 | 0.67 | 0.65 | 0.65 | 45,282 | -0.01 | -1.52% | 0.65 | 29.81k | N/A | 07/05/11 | 0.66 | 0.70 | 0.60 | 0.66 | 906,374 | 0.05 | 8.20% | 0.66 | 595.24k | N/A | 07/04/11 | 0.63 | 0.68 | 0.61 | 0.61 | 133,818 | -0.05 | -7.58% | 0.61 | 88.27k | N/A | 06/30/11 | 0.64 | 0.66 | 0.64 | 0.66 | 102,438 | 0.02 | 3.12% | 0.66 | 65.94k | N/A | | |