02:09:14 EST Sat 06 Dec 2025
Enter Symbol
or Name
USA
CA



Wellgreen Platinum Ltd
Symbol WG
Shares Issued 112,358,390
Close 2015-02-18 C$ 0.56
Market Cap C$ 62,920,698
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Lundin says buy Wellgreen Platinum

2015-02-18 19:25 ET - In the News

Brien Lundin, in the February, 2015, edition of the Gold Newsletter, says buy Wellgreen Platinum Ltd., recently 66 cents. Mr. Lundin said buy four times between August, 2011, and July, 2014, at prices ranging from 63 cents to $3. Assuming a $1,000 investment for each of the four buys, the $4,000 position is now worth $2,531. Wellgreen has raised $2.65-million through a private placement of 3.4 million flow-through shares at 75 cents. The company will use the proceeds to continue development activities at its main Wellgreen platinum group metals project in the Yukon. Mr. Lundin says even taking into account the dilution from this financing, Wellgreen still has excellent value. Look for a potential buying opportunity at the end of the four-month hold on the private placement shares, he concludes. Separately in the newsletter, the editor expresses disbelief at the Swiss National Bank's decision to abandon its franc's peg to the euro, apparently without any prior communication to the public or the other central banks. Such a move has shaken the very foundation of investor confidence, Mr. Lundin adds, and is an official acknowledgement that we live in desperate times.

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