Westgold Resources Ord Shs WGXRF

price point .........

[Odinson]

If Gold continues it climb, I can see this  creeping up to $5.00 by Christmas. yes, there may be some ups and downs on the road but I see a solid mid-tier orgaization working slowly, steadily upward.
Anyone see any different?

[Rainman01]

I did some calculations at 2400 gold and came up with 4.75 Canadian dollars once Westgold hits it's stride. With gold rising we are in the perfect position for this stock to more than double. We are undervalued in my opinion but that will change fast with gold on a run and Westgold ramping up and the drill bits turning and also unhedged. My guess in less than one year 5 to 10 dollar Westgold.&

[Odinson]

Just wondering ....... do you know of of Canadian miners of a comparable size?

[Rainman01]

Three for instance would be ELD IMG LUG the are mid tier gold producers. They have different outstanding shares and we are on the smaller size for now but it is about generating cash. Other  companies can look good on paper but it's all about returns to shareholders and that is where we are about to find out in a good way from a small dividend and our share price about to get it's

[Odinson]

Thank You!

[Rainman01]

One thing I forgot to mention is there is 3 Westgold owned drill riggs in Fletcher zone right now. We only had one contracted drill rigg before. We are saving I believe 30 % or more with company owned riggs and we are drilling 3 times as fast . With all the corporate savings and all the drills adding additional resources I feel we are going to more than double In share price fast.