Well back to Feb/March 2017 prices now.
A refresh reminder of WAF two years ago which saw its shares at todays prices.
"Project resources : 1.3Moz Indicated, 0.8Moz Inferred – includes 224Kozat 7.2g/t Au Indicated 74Koz at 8.6g/t Inferred at M1 South – open at depth" Gold price back then $1208 USD.
Fast forward two years and WAF has this -
"Mineral Resource Estimate upgrade includes:40% increase in Indicated Resources at M1 South to 780,000oz gold, (1.5Mt at 15.9g/t Au)Project MRE now 2.35Moz gold Indicated, 0.55Moz gold Inferred" Gold price currently $1280 USD.
Yet, here we are at the same share price. If you can make sense of this then be my guest. Looks like the company and its top 20 are not too worried about this stagnation/drop of their $$ so maybe we too should wait this out. Might turn off my screen and wait for the "big boys" to finish their demolition.
(And I thought I was fortunate to have picked up more shares the other day at $0.23 - Ha!)
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