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Bullboard - Stock Discussion Forum Westgold Resources Ord Shs WGXRF


Primary Symbol: T.WGX

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 > info/proximity/potential
View:
Post by MaterialsMan on Sep 05, 2024 6:22am

info/proximity/potential

Not sure when they updated the website, but it's informative to say the least.
Anyone seriously interested in evaluating the new Westgold could easily spend hours.
Looking at the scale of the operation, there are huge distances involved between projects. Nevermind the hundreds of kilometers to the office in Perth. The company must have a fleet of helicopters, although I havn't seen anything to indicate that.
Based on the project descriptions, I would conjecture that WGX could easily become a million plus oz. producer in the not too distant future.
Now the only thing that has to happen is for retail investors to recognize the potential, believe that gold will remain a sought after commodity, and take an interest in mining stocks.
When this happens, the sky is the limit.
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