Westgold Resources Ord Shs WGXRF

The true value

[MaterialsMan]

Having some dry powder to allocate, I find myself ruminating about what might be the fair value of WGX stock.
Right now, the market cap in U.S. is @ 2 billion, CN @ 2 1/2 give or take.
I would venture to say that there are at least 20 metrics that can be used to help determine the MC of a producer and hence the stock price.
I'd also say that most are quite variable excepting production numbers.
They say that everthing is built into the price of a stock. I respectfully disagree.
Could say a 4 billion U.S. MC be soon in the cards? That would mean a double from here.
I guess I could speculate till the cows come home, but in the end IMO any stock is worth whatever investors are willing to pay for it.
Anyone one to factor in the variables and prognosticate what WGX will be worth by the new year?

[amishelvis]

I believe the "street" really wants to see a full qtr of WGx3.0,, and preferably 2 qtrs. Once a nice qtr results come in,, that will move the SP.  Nervous nellies with itchy trigger fingers keeping it down for now.  Still,, $2 1/2 B US by end of December at least.. That's just a guess.  Positives that really havent been baked in yet are the 2500 gold price,,everyone

[MaterialsMan]

I have to commend your assessment. I think it makes perfect sense.