WGX 1.08% $2.80 westgold resources limited.

News: WGX Westgold Resources says acquired Tuckabianna project from Silver Lake Resources, page-31

  1. 6,739 Posts.
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    Virtually no exposure to Cu. Maybe a little via the Rover deposit but that's not likely to be in production for ages.

    Your post on the gold chart in $A is appropriate. It's the $A that's moving in a different direction to that which the RBA expects and desires. Personally I think the whole thing is a unwinding of the unwarranted euphoria re- Trump's ascention. That will end in a flight to safety which means gold Up and higher $US which both favour $A gold.

    Gold is element I'm weakest on as it doesn't follow mineral economic rules being dual currency and some quasi industrial demand in jewlery +electronics etc
 
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