Iv just been on the WVL website,
They have updated pictures as of december 2008,
This mine will go to production, Theres millions worth of equipment already set up and almost ready to go.
Concentrator ,Thickener tanks, flotation, everythings there,
Its not some cowboy operation it looks every bit like any concentrator in any mine iv ever worked at. even with current economic gloom you dont let a full mine rust away in the desert without a fight to get it happening.
I have to admit i got in this boat around the 1 dollar mark quite heavilly, i had considered cutting my losses around the midway mark but looking at the evidence and pictures im still confident, even with capital problems o/seas investment is likely to come to the rescue worst case scenario.
I think this is bargain pricing right now considering it was a 3$ stock not so long ago.even if that was a result of P+D theres no reason to think it wont again.
This was also a Kris sace favourite whom i trust in his pickings quite well,I have asked him to give us an update,when he does id imagine there will be plenty of director buying happening and wel have a serious spike as the mine nears production
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