Ann: WAF Receives Strong Interest from Leading Debt Financiers, page-12

The share price is a reflection of the sentiment in the sector not company performance.

It sounds very much like a mine is going to built and in pretty quick time. I’d imagine they will be pouring gold in 2020.

The picture with gold should resolve itself by then IMO. Trump’s policies have been importing inflation, he broke the old working model that financed trade deficits by printing money. Now he wants the fat Americans to work instead. The people producing GDP in America are the few that have always produced it. The Gatorade drinking, Burger King eating, dope smoking joes will never compete with the hungry upward moving Chinese workers so the more they islolate the more their goods will cost. They will end up pricing their goods, themselves, their debt and their dollars out of the market internationally and wake up one morning to discover the mistake they have made. New factories will be shutdown before the mortar is dry and the value of the US dollar will continue on its 60 year downward trajectory. Meanwhile WAF will have built its mine and the gold IMO will be produced into risings prices and rising margins.

The deeper this gold rut runs the better for WAF, as long as financing isn’t jeopardised, because it just acts to keep WAF’s competitors behind the game. Esh