WestMag Limited (WMG) is primarily focused on the Coyhaique Gold Project in Chile. WMG is also searching for other gold and copper projects in South America.
Coyhaique: The Coyhaique Gold Joint Venture Project is located in Southern Chile and is prospective for gold and silver.
Chart shows a breakout on increasing volume - but very early days yet.
MACD and ADX all looking positive.
Price of gold and silver should help to drive this one along for a bit of a ride methinks....
Also, directors have been buying very recently - always a good sign.
On my watchlist........ ;)
WMG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
