Well I should have listened to you eshmun, both on Breaker and here ....
I don’t know who you are or what agendas drive you or how often you are right, but your perspective is clearly based on knowing the stock market, knowing charts and long term expert understanding of gold .
That I can’t claim any of those qualities and yet still put my fingers in my ears puts me to shame.
..so I dont know if you have commented on Gascoyne and Gruyere and Dacian but I am about to go and look.
Meanwhile back at WPG, this company is where I was planning to make up all my losses on another poor performing “goldie”, Empire, on the basis I felt management here was at least trying and shareholders owned it 100%.
Classic case of an ‘entitlement-based-impulse-buy-of-similarly-priced stock purchased on flash research “to make up losses”.’
Haha.
When Mining Plus came on board I read it that a smart company clearly saw real potential and were therefore involving themselves -not just for the loan interest, but so they could promote themselves in future as advisors who could “turn around a project”
.... so I topped up
Then didn’t listen to Saragian either when he put up a chart at my request.
So there are two things I wanted to say beyond apologising .
In announcement above it says “
Rescheduling of pit operations at Tarcoola will impact June’s production forecast which is now 8,500 ounces for an expected annual production of ~56,000 ounces.”
ie today’s revised forecast was already predicted above ..
Shortfall was predicted because they were the work to somewhere more profitable on another level?
Based on this I think I am going to (mostly) hang in a bit longer to see how it goes even though they also said above that there’s no certainty of future funding
At least it has no obvious links to CVI or companies of that ilk and MD has a history of doing the right thing by shareholders .
Thanks again for your insights,
Cheers