Wheels Group Inc GRFJF

New

[cameron5159]

I am new to this stock but it has caught my eye in the last few weeks, I picked up several thousand in the 80 cent range after I noticed that there was a target price of 2.50.  After doing my own research this seems like a no brainer to me so why is this stock so depressed?  With the outlook of almost 40 cents per share eps next year this is a easy double to triple in the next few months

[Orwell]

The stock is depressed due to worldwide panic in the markets, and a slight downturn in the price of gold.WGI is still a junior, so it is not as liquid, a few people want to get out, and bang the stock goes down.Just another buying opportunity.The longterm outlook for gold is good with increased U.S. inflation on the way.In the short-term, who cares, WGI has their costs of production hedged, and

[JimBobby]

This stock is incredibily cheap.It should earn 0.10 - 0.15 in Q3-08Energy is their main cost of production and it is down substantially.They have 40 MM in cashUntil Apr 2008, it traded between USD $3.20 and $4.00I've been in this stock sinct he beginning and I'm very happy to add to my portfolio at the current USD $0.90 level.

[honestguy]

What day did you pick up your shares in the " 0.80s.."I am not aware of the stock dropping that low, so I look forward to being correctedHonestguy

[make_rubles]

I believe Cameron was speaking in the 80s US.WGW, the symbol on the US exchange,  traded down to 80 cents US on Oct 10th and as low as 86 cents US today(Oct 14th) This is a steal at these prices!  IMHOGood Luck

[cameron5159]

I picked up my shares listed here in the U.S. on the American Stock exchange on the 10th, if drops anymore I will continue to add to my position.  This stock is to cheap to ignore

[honestguy]

HI CameronI stand corrected, as I never thought that you had bought on the US exchange ( it never occured to me).Sorry about doubting your sincerety or accuracy.I have been holding this stock for awhile,....Good forturne in your investmentsHonestguy