The annual general meeting of Western Goldfields (WGDF.OB) is underway as I write. Most of these slides were pulled from the AGM presentation. I think the story is compelling, particularly the slide below called “Enterprise Value per Reserve Oz: Valuation Comparables.”
Pretty soon, the stock will be AMEX listed, and also on the radar screens of all the major Wall St. and Bay St. broker-dealer analysts. If they choose to get on board early, you will see mostly BUY ratings.
You can beat the rush. But then, you knew I have believed that all along.
This week, with the first load taken from the Western Mesquite Mine in Southern California the pre-production has begun, and the AGM being held this morning at the TSX Auditorium was the kick-off to heavy promotion.
Here are some of the slides. I am sure the Company will have them up on its website soon.
Disclosure: No position.