i regard Westcott's posts as downramps and not valuable
Westcott seems to miscontrue what is happening here
Westcott is too far ahead, rationalising as a long term investor
WGO has a market cap of $65m (or so), targetting a 1-2 billion resource
naturally it is speculative but the short term potential upside is large
put it this way. if WGO announce 150m thick DSO result from 1st drill hole, the share price will possible reach $1
now SDL will still be 40 cents, meandering up and down as it has for the last 3 years
Westcott is posting irrelevent things, defending SDL. the WGO holders here understand Itabirite is benefacted into concentrate. so what?
When SDL start producing in 2015 (whenever), DSO probably will not be selling for $150/t. This is why the SDL share price stagnates. Westcott again is misconstruing the realities of SDL
Best to make hay while the sun shines. The share market now is a short term thing.
As for your posts Midlifecrisis, they offer little of tangible substance. Just value statements. What exactly is the kind of "research" you expected to do? What exactly is the "value information" provided that cannot be found anywhere else? Quite a bizarre statement, that is, information "that cannot be found anywhere".
All the best
MBM Price at posting:
34.0¢ Sentiment: None Disclosure: Held