WAF 1.01% $1.50 west african resources limited

eshmun markets are forward looking and if you have the resource...

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  1. 5,187 Posts.
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    eshmun markets are forward looking and if you have the resource and the grades and the cash to develop then you are in a strong position as gold gets repriced higher.
    Increasing production and cash flow isn't really going to help unless you also replace the reserves being mined.
    When you are fully weighted then it might not be a great idea to add extra exposure as there is always risk and too much exposure to one stock (especially a one mine company) can give a guy sleepless nights.
    I suspect that you might be fully weighted.
    We'll just have to wait and see how dark these dark forces are.
    I'm not predicting a ten bagger but I think it could be.
    If you believe my dreaming is a bit on the damp side then hey who am I to argue with that.
    I'd rather be my way than a stick in the mud.
 
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$1.50
Change
0.015(1.01%)
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2 12485 $1.49
 

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$1.50 132100 7
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