Westgold Resources Ord Shs WGXRF

Doing some math .......

[Odinson]

I wonder how long it will take for this little gem to gain traction? I was playing with some numbers from other mid-tier miners. I used LUD, IMG and ELD. Did an average of those three and came up with $20.40 as a share price.
Anyone think we will eventually hit close to these numbers?

[REPS346]

.......Dec.25, 2024....

[Odinson]

Then, Christmas would indeed be Merry!!!

[FIRSTGMAN]

NO, not until we stop getting manipulated and screwed over by those with big money  and the thieving institutions.

[prem124]

It could just be a big shareholder selling. Since listing the share price is gradually going down despite good announcements.  I think market needs to see growth story. I would like to see a path to becoming million Oz per year defined.

[Rainman01]

I have used Eldorado Gold for comparison and you have to take into consideration the outstanding shares. So with that I came up with $5.25. That is the price we should be right now. I can't wait until the institutions stop manipulating our stock price in Australia and Canada. 

[Odinson]

Thanks!  I didn't factor in the share count.

[Odinson]

I think that if Gold continuesto climb to $3000 and maybe more, the $5.25 "value will be out the window. I suspect that $8 to $10 might be a realistic nimber. As we currently sit, we are under valued by about half but I think it is likely because folks haven't been exposed to the new, improved and better miner that we now have.

[Rainman01]

We are getting close to Westgolds first financial statement soon and along with certain market inclusions. These certain milestones along with rising gold and excellent drill results should move the needle a little. One day in the future they are going to release our quarterly results and the markets are going to react especially if we are making 50 to 60 million minimum.