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Westgold Resources Ord Shs WGXRF


Primary Symbol: T.WGX

Westgold Resources Limited is a mid-tier gold producer and international gold company. The Company is engaged in the exploration, development and operation of gold mines, primarily in Western Australia. The Company owns and operates all of its underground and open pit mines. Its operations include Murchison Operations, Meekatharra Gold Operations (MGO), Cue Gold Operations (CGO), Bryah Operations, Higginsville Gold Operations, Spargos Gold Mine, Beta Hunt Mine, and Lakewood Gold Mill. The Murchison Operations are located around the regional towns of Meekatharra and Cue in the mid-west region of Western Australia and incorporate the Meekatharra and Cue Gold Operations. MGO is located around the regional town of Meekatharra and encompasses assets, including the historic gold mining centres of Meekatharra North, Paddy’s Flat, Yaloginda, Nannine and Reedy’s. CGO is located around the regional town of Cue and encompasses Westgold’s southern group of Murchison assets.


TSX:WGX - Post by User

Comment by goldenrobon Oct 01, 2024 8:16pm
85 Views
Post# 36249361

RE:RE:Foreign Transaction Fee

RE:RE:Foreign Transaction FeeI talked to a broker today and found out a foreign company on a foreign exchange is subject to the $50 fee if you want to trade. A  Canadian company on the TSX is a special arrangement for U S buyers and is only $6.99.  He thought it was interesting that WGX will be a new tier two producer which in and of itself will qualify it for purchase by more stock funds and ETF's. I told him KRR and WGX were both profitable when gold was around $2000.   With a, hopefully, production announcement at 100,000 for the quarter at $2600 AU he said the funds may gobble this up.  I think when these numbers come out and the analysts realize 10's of millions in earnings are probable that that is when this is going to fly.  
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