Bullboard - Stock Discussion Forum Westgold Resources Ord Shs T.WGX

Alternate Symbol(s): WGXRF

Metals & Mining Gold

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... see more

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Westgold Resources Ord Shs > What happened?

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Post by MaterialsMan on Oct 21, 2024 10:49am

What happened?

The rug got pulled out from beneath gold and silver at about 10:20 A.M.
Anybody know why?

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Comment by triken on Oct 21, 2024 10:53am

I needed the rug back.

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Comment by Odinson on Oct 21, 2024 11:37am

Just a bump in the road, it is starting to come back up a bit. According to some of the pundits, we still have room to run.

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Comment by MaterialsMan on Oct 22, 2024 5:24am

If there was no viable reason, then, IMO, the practically instantaneous twenty dollar drop smells like a bit of manipulation. Gold doesn't drop $20.00 in a heartbeat for no reason. It's nice to see it come back overnight. I hope it continues when N.Y. opens. WGX.AX continues to act positively.

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Comment by Odinson on Oct 22, 2024 6:15am

Just checked .......... WGX was at $3.29 AUD with 8.69 M shares on the move. Good times. I agree, there is probably manipulation but we will never know who nor will we ever be able to stop it. We will always be at the mercy of BIG money.

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Westgold Resources Ord Shs