Post by
cloreenbaconskin on Mar 03, 2015 11:31am
Other investment areas
Guy Duport said WAI is currently looking at projects in Nicaragua, Chad and Mongolia. The most advanced project is in Mongolia - it is a difficult jurisdiction though. Looking outside of Guinea for new opportunities will improve WAI's chances to succeed but it will be challenging.
Comment by
cloreenbaconskin on Mar 03, 2015 2:24pm
According to the Mineral Resource Authority of Mongolia: Coal, copper, and gold are the principal reserves mined in Mongolia. Gold mine project for WAI Capital Investments Corp?
Comment by
rivermoney on Mar 03, 2015 5:58pm
it's nice to see you are still optimistic in this.
Comment by
cloreenbaconskin on Mar 03, 2015 9:43pm
Guy striking a financing deal makes me optimistic. WAI now has money to explore another resource investment opportunity while the Guinea project is ongoing at it's very slow pace. Without financing, WAI was dead. Duport has done very well and kept WAI alive. The new project will hopefully bring this stock back to life too.