WAF 0.00% $1.52 west african resources limited

For the doubters thread, page-7

  1. 10,469 Posts.
    lightbulb Created with Sketch. 155
    WAF's share price may appear a joke now, but it will be even "funnier" if the USD POG heads back to 1045, or God forbid, even lower. The joke will be on us WAFbagholders. December could be another lower point for gold and goldies with fundies puking out goldies at good prices for cashed up true believers (if there are any left).

    I stand ready to buy more WAF shares at 15 cents. Don't laugh - it could happen.

    The BOD needs to be careful with their cash in case its not such a good idea to proceed with the mine development at this point. I hope they have a Plan B should the gold price head much lower, and possibly stay there for 1-2 years.

    I do not want to see massive share dilution. We already have 700m shares on issue and there is likely to be another 250-300m more shares issued to help fund the project.

    loki (be early - head for the exits now because later on they could be jammed with dead and dying bodies from trying to escape goldiebugland hell. Or not. I sure dunno. Holding WAF for now on longer term hopium.)
 
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