1.0g/t in Africa, its hard enough to mine economic grade in Africa. Also this asset has been in the public arena before hand with SBS and it got valued at zero and rightly so, these guys will continue to waste s/holder $'s on deals like this, they tried to pat themselves on the back for walking away from a acquisition that cost them $1m in due diligence, I don't think they should be so free with s/holder $'s.
Also this last run looks like a classic short term run, in my opinion it will be lower than when it started in a week or so.
Buffman
WMT Price at posting:
43.0¢ Sentiment: Sell Disclosure: Not Held