Promojoe, to me they were going to drop off a bit after yesterday's large rise. But there wasn't alot of volume today....what we need to focus on is that Mike Young has come on board two weeks before expected aeromag results. Now to me this is a massive signal of confidence. If you also look at the chart for EQX, you will see they have gone from $1 to $4 in three months....from the research I have done, and a few have already commented here, they are in a regional cluster of deposits including those of SDL and EQX. Both have substantially higher market caps. WGO is highly speculative at this stage but you have to ask the question, why did Mike YOung join....surely not for the Tim Tams at the AGM. Also they appointed a local guy in December who has alot to do with rail/logistics in the country. I think his name was Smithyman. He appears to be well connected at Government level. They are building the personnel to take them to the next level. I am looking forward to what the future brings for WGO.
MBM Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
