News: WGX Westgold Resources says acquired Tuckabianna project from Silver Lake Resources, page-27

Yeah it definitely a ride. I am big believer in both stocks, and believe management in MLX is better stocked to be able deliver again their forecasts. The claim they are on track 40k by June next year which is a good thing with expected 2018 prices to be about $USD 6,200 per tonne. If they can deliver an improved ROE with out issuing any new capital (as they are trading on low PE) then I think we'll be good in the long run for the shareholders.

I must admit, I am loosing faith in Cook's ability to deliver the vision of WGX in a clear capital efficient manner. By issuing nearly 5% new stock at low PE means that he's diluted shareholders more than he needs too. He won't be improving ROE and he hasn't outlined when payback would be for some of these acquisitions. The company is growing by market cap, but the shareholders are loosing out on that gain. Now I am really worried about this quarterly and I guess we will see what the outcome is.

With quarterly's I've started to notice over the years, that if it's a good one, it usually comes out before market or during the trading day around or on the 28th (never after). If it's disappointing, it always comes out between the 28th and the 31st and always after market has closed. It's interesting to note, it's peers have all come out with their quarterly's (NST, EVN on 22nd, SAR).

In the short term I am worried.