Fidelity SPDR Advertisement
Home > Boards > US OTC > Basic Materials > Western Goldfields (WGW)

Good to see benz. I'm still baffled

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
ibreken Member Profile
 
Followed By 29
Posts 5,696
Boards Moderated 0
Alias Born 09/03/06
160x600 placeholder
U.s. Stocks Jump On Fed Reassurance
Stocks extended their gains into afternoon trading, boosted for a second session by reassurances from the Federal Reserve that it is in no rush to raise interest rates. The Dow industrials were up 270 points.
More Top Equities Stories Of The Day
Falling Oil Prices Don't Give Clean-Energy Stocks the All-Clear
Repsol to Buy Talisman Energy for $8.3 Billion --Update
U.K. to Sell Part of Lloyds Stake--2nd Update
BofA Whistleblower to Get Nearly $58 Million--Filing
Sprint to Face Record Fine Over Unauthorized Customer Charges
U.S. Hot Stocks: Hot Stocks to Watch
Hong Kong Pulls Into Second in IPOs
ADR Shares End Lower; BT Group Shares Trade Actively
ibreken   Thursday, 02/28/08 12:44:33 AM
Re: benzdealeror2 post# 56
Post # of 69 
Good to see benz. I'm still baffled this is trading this low though with gold this high. I'm not even watching the day to day trading. I just saw your post and checked where it was trading. I'm not planning on selling until at least June so I'm avoiding watching the day to day moves and am just checking in once every couple of weeks. By June if gold holds up I truly believe this should be in the $5-6 range minimum if gold stays above $800 (and they aren't acquired before).
I mean honestly, 2nd quarter they should be producing 40,000 ounces of gold at a cost of $365 an ounce. If gold holds up that's $600 an ounce or optimistically $24 million profits or cash flow at least for the second quarter smile Wayyyy undervalued and once the producer multiple applies it should move fast. Scotia upgraded it last week, now every analyst covering it has at least an outperform rating on the stock. Too da MOON wink




---'When you control what will be seen, you will be seen for what you truly are'---
ibreken
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist