SureTrader Advertisement 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 33
Posts 5,841
Boards Moderated 0
Alias Born 09/03/06
160x600 placeholder
Fresh VW Probes Opened in Germany, California
More Top Equities Stories Of The Day
Correction to Barron's Friday Blog Item on Pfizer-Allergan
With Merger Looming, Pfizer Weighs Plan To Split In Two
Airbus Gains Regulatory Approval for New A320neo Plane
Prescription Skin Drugs Explode in Costs, Study Shows
Here's Are the Real Reasons Comcast Customers Won't Get to Watch Nets, Yankees Games
EPA Seeks to Revoke Approval of Dow Chemical's Enlist Duo Herbicide -- 4th Update
Intel Taps Rival For Chip Talent
Apple Buys Motion Capture Startup Faceshift -TechCrunch
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'---
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist