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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

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Post by MaterialsMan on Dec 03, 2024 4:51pm

for real?

All these positive press releases one after the other.
I guess you can't just make this stuff up.
Too bad the value of the company is not being realized and reflected in the SP.
Par for the course it seems.
Comment by daw2 on Dec 03, 2024 4:56pm
Is this post in referenxe to the news releaswd after the market close? If so, it sounds a bit pre-mature!
Comment by MaterialsMan on Dec 03, 2024 5:42pm
Just saying in general. I don't see too many companies issuing positive announcements on such a regular basis.This particular one may well trigger some interest. I feel frustrated that there hasn't been enough recognition. At little more time and a couple of good quarterlies should make a difference.
Comment by Odinson on Dec 04, 2024 6:45am
I, too, think that a couple of good quarters will make a huge difference on the price / value. The merged company is still in its early stages and people  just haven't fully realized the potential. On top of that, whille we are seeing some great info, there hasn't really been much promotion of this play. I think maybe a few dollars spent in advertising would help.
Comment by Symbiotic on Dec 04, 2024 3:29pm
Well, nothing too strange here. PE ratios: CVNA, 25,798.80, SHY, 3,695.45,CWAN,3,004.00, WGX,14.270. Market discipline can be a bit unevenly applied it seems. 
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