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Bullboard - Stock Discussion Forum
WAI Capital Investments Corp
WWEXF
Metals & Mining
Industrial Metals & Minerals
WAI Capital Investments Corp is an exploration stage company engaged in the acquisition, exploration and development of iron ore properties located in the Republic of Guinea.
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GREY:WWEXF - Post Discussion
WAI Capital Investments Corp
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cloreenbaconskin
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Post by
cloreenbaconskin
on Aug 04, 2015 11:40am
Update
CIF is now going after WAi just like they did with Bellzone. I have reached out to Guy to see if any further details can be obtained regarding the CIF issue.
New project in Central America...guessing it is in Nicaragua
Resources:
gold, silver, copper, tungsten, lead, zinc
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cloreenbaconskin
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Comment by
cloreenbaconskin
on Aug 05, 2015 10:17am
From Guy: 'lots of broken promises (by CIF)'/trying to build a dialogue and compromise with them/CIF has no legal grant to serve WAI with a Default Notice
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cloreenbaconskin
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Comment by
cloreenbaconskin
on Aug 05, 2015 2:17pm
WAI is prepared to give CIF control of SARG under certain conditions (which cannot yet be disclosed). CIF changed their CEO last year and have become more complex to deal with. Guy will be going to Asia the end of this month to meet with CIF face to face to resolve the matter. If CIF agrees with WAI's terms, it will be a win/win for all involved as CIF would obtain the
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cloreenbaconskin
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Comment by
cloreenbaconskin
on Aug 05, 2015 5:38pm
Potential new projects being reviewed in: 1) Nicaragua (the most advanced project under review) 2) Columbia 3) A few other jurisdictions including WAI's home province of BC. Look at the problems WAI has faced...terrible iron ore market, Ebola, delay in releasing the reource report, difficulty dealing with CIF, new terms from the Guinea gov't, and trying to obtain financing (for new
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