WAF
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0.66% $1.52 west african resources limited

I am not happy about the SP, but all the gold developers are...

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  1. Davisite
    10,813 Posts.
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    07/12/18
    12:22
    Post #: 36783675
    I am not happy about the SP, but all the gold developers are down across the board - GOR was under 60c the other day, CDV is well and truely in the toilet and they appear to be taking the "wait for the market to improve" approach. My biggest goldie holding EGA is selling at a fraction of its NPV and it doesn't even have a major CR to worry about. I have just got to grit my teeth and play the hand dealt and wait for sentiment to change.

    Good on you for grabbing more at 24.5c.
    WAF Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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$1.52 		Change
-0.010(0.66%) 		Mkt cap ! $1.866B
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Price($) Vol. No.
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