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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

Comment by Symbioticon Dec 06, 2024 7:39am
53 Views
Post# 36348741

RE:A little more to chew on

RE:A little more to chew onI doubt they have the gold to have a gold backed instrument and even if the did the anti gold(paper gold) would need be rectified prior to any credible gesture on that front. They have to much anti market derivatives such as shorts to have an unbiased market instrument or process of anykind. They are just in too deep to come out looking clean. I can't see the devil coming out under a new guise as an angel, but they never fail to make it appear as if they are but never become.The deception just gets harder to pull off unless you drink the koolaid and have hope for them.
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