Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Westgold Resources Ord Shs T.WGX

Alternate Symbol(s):  WGXRF

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 Rainman01on Oct 10, 2024 10:23am
112 Views
Post# 36260868

RE:RE:Somewhat contrary

RE:RE:Somewhat contraryI think gold has hit it corrected stage and we are on our way back up to 2650 and above. This will not be without pull backs in the future. Also it looks like Westgold has hit its bottom as well. We know it was manipulated down but we have had nothing but great news and it is only going to get better from here. One thing I have noticed with WB is that his numbers are very conservative and I appreciate that most of all . He is now in charge of 2 locations that have experienced wet conditions in the past and needs to take that into consideration. We are heading from 420 thousand Oz to over 500 in a very short time frame.  This is very beneficial for shareholders because we have spent most of the money already so with our near term capital expenses and exploration will be higher but it will level out and then production will increase and grades from Fletcher Zone will also increase our overall performance. Good luck. 
<< Previous
Bullboard Posts
Next >>