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 5,690
Boards Moderated 0
Alias Born 09/03/06
160x600 placeholder
Big Homes Can Complicate Retirement
Once you've paid for your house, how much will it cost you?
China Mobile's Need for Speed -- Barron's Asia
Intel Projects More Growth in 2015 -- Update
Zoetis Unveils $500 Million Stock Buyback Plan -- Update
Technip Bids for CGG -- 2nd Update
Appeals Court Grants TV Programmers Stay in FCC Dispute -- Update
Wireless Carriers Bid Up US Airwaves To Record
Two Top-Producing Advisers Leave Merrill Lynch--Street Moves
Chinese Premier Plays Down Qualcomm's Woes
Activision Blizzard to Get $275 Million in Settlement
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