RE:New corp presentation posted on WRN websiteDisappointing the new Corp presentation didn’t include any samples of the comparisons to others showing undervalued WRN. I looked at Cascabel (referenced in WRN Corp presentation) - checked NPV if that project =$4.3B. Cornerstone is 21% owner and their market cap $165M so that looks like 18% rate ($165/21%)/$4.3B. Finally found something close to WRN ... realize when I say close I mean only 2 times overvalued relative to WRN! Looks like Cornerstone told Solgold to “go pound salt” from the low ball offer earlier this year.
noted on Cornerstone website they claim Cascabel only tier 1 not owned entirely by a major. So Casino doesn’t qualify as a tier 1 mining asset?
Curious about that.