WGX 1.78% $2.86 westgold resources limited.

$1.10.... now below costs of assets;  a gold miner with AISC...

  1. 3,205 Posts.
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    $1.10.... now below costs of assets;  a gold miner with AISC costs about $400 below current gold price per oz, and projects to sell 300-350k oz a year


    Mr Market not buying the presentations and Cookie numbers


    let me see....   $400 x 300,000 = $120mill profit next year;   market cap $412 mill


    and they have reserves for 10+ years at 300k a year

    and they have resources for 40+ years at 300k

    they have no debt


    Cookie, should I sell my children (or at least pawn them)

 
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$2.86
Change
0.050(1.78%)
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$2.80 $2.87 $2.78 $13.35M 4.704M

Buyers (Bids)

No. Vol. Price($)
3 72565 $2.85
 

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Price($) Vol. No.
$2.86 17255 1
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