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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 Rainman01on Oct 14, 2024 10:05am
119 Views
Post# 36265107

RE:Any good?

RE:Any good?Yes we need to see financials to really see our merged success but there is alot of associated costs to consider. Our gold production is pretty well on track for a first combined quarter. We have spent alot of money to merge and also more to get our assets running on all cylinders. Once everything is up and running our capital expenses will drop and production will rise. This first quarter is just so so but was very predictable and is the cost of doing business to become a larger gold  producer . I think we are very much on track to where we need to be on our way to 420 to 450 Oz in 2025 at all time high gold prices. So moving forward we need increased production and more good drill results and we will see all of that moving forward. GLTA 
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