OTCPK:WFRSF - Post by User
Comment by
jdn55on Aug 10, 2016 10:42am
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Post# 25126176
RE:Window Dressing
RE:Window DressingCongrats to all WAF shareholders (even that fukkwitt Treetroll). That was about as good a financing as one could expect. Now as Treetroll would say "My 2 Cents". No doubt WAF still has upside but the facts are your market cap is now approx. $200MM CAD (based on 500MM s/o) with a 1.5MM oz resource. I have no idea on the metallurgy or what the cost to mine will be. I do know you presently have a valuation of approx. $100 USD per oz in the ground based on a resource estimate only. That is the richest valuation I've personally seen on a West African gold junior in a long time. You are priced to perfection based on present data available. I would also suggest there is no way you can compare this play to ROG based on where WAF is on the development curve. Not saying WAF can't get there; just saying you're a lot longer then a year away from catching up to where ROG is presently. GLTA