WAF 3.96% $1.46 west african resources limited

Gaps and Hurdles

  1. 337 Posts.
    The Bot had finally got his fill (Argonaut the culprit perhaps?).

    Previous gaps have well and truly been covered more than once (see arrows)

    Major resistance now faced by the 30c placement holders that may want to exit, despite what by all accounts should be an exciting update of the DFS albeit in Q3. Once crossed 38c needs to be breached.

    Deep and high grade drill intercepts under M5 (the biggest by volume of the deposits) could turn this into a major West African gold play that the likes of Anglo, IAMGOLD or Randgold will be keeping an eye on. From my understanding M5 was never considered to be an underground mine and this is potentially a little publisized fact that could turn into a game changer. Notwithstanding the ultra - high grades at M1, underground at M5 will add both minelife and volume to underground operations.

    The mergers being muted by some analysts may not do the company and its shareholders justice.

    Wouldn't it be great to see a +$1 shareprice!


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Last
$1.46
Change
-0.060(3.96%)
Mkt cap ! $1.866B
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$1.52 $1.52 $1.45 $3.995M 2.715M

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No. Vol. Price($)
4 54405 $1.46
 

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Price($) Vol. No.
$1.47 26146 2
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Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
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