Quite dramatic a post looking @ it a second time loki. Don't mind many of your previous postings on goldies but, US$ has jumped back up above $US1200 already so, pretty premature wild ideas of low sp for this stock in this post in retrospect yes?
For those not realising POG line-in-the-sand kinda terminology, $US1180 is a huge support line.. The Bears love to remind bulls that POG will head down lower once it drops below this when in fact, they have no idea the direction more than the greatest investors out there, period! Just burns my vine. WAF's financial state @ present is nothing short of EXCELLENT! I'm well aware of PIR of the past as this was my first entry into stocks when it was around 80c @ the time & floundered with I think 2-3Moz resource only. Don't quote me as it was several years back now. They had $30-50M cash? 5Moz's with significant reserves? Yes, the shares outstanding were low & THAT is a significant angle but today you won't see such minimal amount of shares @ point of t/o-M&A for such a resource ever again imho. Times change it's that simple...
WAF is trading @ silly sp right now with POG above $US1200. LOOK @ AISC!!! H-e-l-l-o... I'm surprised all goldies I have on my list other than NST are not reacting to this weeks positive gold price start. Market is not always right...
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