Westgold Resources Ord Shs WGXRF

Somewhat surprising

[MaterialsMan]

I thought that WGX would have shown better performance overnight on the ASX.
With this positive announcement and gold up about $30 U.S., the SP stayed flat on normal volume.
Assuming the price of gold maintains its gains today, it might be interesting to see if North American investors start to become the drivers of this stock.
For some reason, it appears that Australian investors are not placing any sort of premium on the stock.
My guess is that if producers overall show good gains today on the NA markets, then WGX should keep pace.

[Rainman01]

One would think Westgold would rise to a true value of a outstanding mid tier producer. We have all the right boxes tick off for a company that should out perform most other gold producers at 500 thousand Oz per year. I just finished re reading all the drilling updates and it is very promising from all areas of the company and with plans to quickly turn the resources into gold Oz. The biggest