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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

Post by MaterialsManon Nov 20, 2024 4:55am
116 Views
Post# 36321088

Could turn on a dime

Could turn on a dimeGold is down some. But now we find out if the 'flight to safety factor' is for real.
News just broke that the U.S. is evacuating its embassy in Kiev. Apparently it's a precaution.
IMO that reads 'Get the diplomats out so they don't get nuked".
If this move doesn't create a reaction both with the Ukraine populace as well as the markets, I'll be surprised.
It could be fake news, but it's a reliable news source.
Keep in mind that the reason for closing the embassy is not being publicly stated as far as I know.
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