Wheels Group Inc GRFJF

What's so special about today

[geno]

Any idea from anyone why it's moving up today?  Not that I mind.

later

geno

[joe12pack]

All the gold stocks have been moving. Since the canadian markets were closed yesterday this is just catching up.This will be a $5 stock soon. See one of my prior posts for my calculations for this stock at $900 gold. At $1200 gold + the coming mania, this will be over $10 if it doesnt get bought out first.Hang tight. These are dirt cheap prices here.

[SkyeCairns]

I agree with an earlier post it is just catch up look at WGW big rise yesterday.  We have now moved from an exploration company to a unprofitable production company (1st quarter) to a PROFITABLE company (2nd quarter).  In the near term we should be hitting $4-$5 dollars and in the long term the Sky's the Limit.GLTA

[007YoungGun]

The main driver of WGI will be the long term price of gold.  The higher the price of gold, the more attractive it will be for the large caps to take it over, despite the increased oil price and the book hedge.  Increased input costs can be reduced by a large cap with its purchasing power and the book hedge is WGI fall back to ensure this mine is operational and

[lancealoz8]

it is a new quarter and short sellers generally do not like to overplay their hand.wgi has the option to sell a portion of its gold a current market prices,and stands to produce good numbers for the 2nd quarter.So until results are in,the sp will slowly drift up towards $3-$3.50.That is the point where shorters would move in if results disappoint.