WAF 1.72% $1.48 west african resources limited

Any rumours out there?, page-2

  1. 1,495 Posts.
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    highly possible... but could be a number of other factors. like gold moving up in price or feasibility studies due soon!
    there is one think that did capture my attention in the last macquarie report . that they had sent a geologist there for 4 weeks. thought that was very odd. ................................................... so i asked my inlaw a ex barrick geo and his reply was no one has ever paid him to look at mine for that long. ...highly unusual.!!!
    i am guessing two things here do macquarie want to make sure they get a maximum t/o price
    or do they fund this project to be a highly profitable gold mine.
    there is one other factor not mentioned that being for future discoveries to be made with the probability of this being quite high. got me thinking what was this geo doing in all that time just maybe having a good look around on ground level for future prospective opportunities!
 
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