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Bullboard - Stock Discussion Forum 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... see more

TSX:WGX - Post Discussion

Westgold Resources Ord Shs > Will AU remain king?
View:
Post by MaterialsMan on Nov 10, 2024 7:16am

Will AU remain king?

BC cracked 80k overnight. As of this moment, one could always have exchanged 1 kilo of AU for at least one bitcoin.
That may no longer be the case by tommorow.
The North American markets are open on Veteran's Day or Remembrance Day. There will undoubtedly  be some major movement in the financial and equity markets.
If the ASX is open as well, we should get a preview of what to expect.
Interesting times. That's for sure.
Comment by Odinson on Nov 11, 2024 9:14am
I just checked the ASX and it looks like we closed at 2.88 AU. Not really what we wanted to see but ...........  Gold has really taken a hit since Donald the Grifter was elected! Maybe it helps others in the market but if you are investing in gold production, it is going to hurt, at least short term.