WAF 3.96% $1.46 west african resources limited

i honestly cant see them taking it to production, considering...

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  1. 521 Posts.
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    i honestly cant see them taking it to production, considering the board is small and mark is one of the directors. its already valuable enough now for a t/o due to the fact that they have done the pre feasibility study not to mention the 1.6kg hit. Im my opinion, richard wanted to obviously mine it because it was the only logical option this time last year but now the project has value, more than any other in west africa and more that anyone really realised. The time and effort that they would have to put into the project could take along time and an incredible amount of effort. the project still has an unbelievable amount of potential, even where it is now based on the type of rare gold deposit this is. someone will snatch it up in the next 8 months no doubt if everything goes to plan. (its a bit like offering someone 5 million dollars in the space of 5 years, or offering them 4 million but in a year) -example. based on my believes and only my opinion, i would expect this project to be worth 2-4 dollars per share in the next 2 years there abouts with probably a 9 million ounce deposit or atleast no less than 3. either way the old DFS is no doubt outdated but it still brings a base in which that this is already worth mining or t/o.

    either im excited for the next few years

    only based on my opinion tho so feel free to add
    just held WAF and cardinal resources for a long time and im a very loyal share holder that wants to see great things for this company.

    cheers
 
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