GREY:WFEMF - Post by User
Comment by
clk_vestedon Oct 18, 2012 11:50am
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Post# 20498257
RE: very good points
RE: very good points I agree with all your points in that post. The markets have cut WOF no slack at all in terms of SP. I've seen many a gold or silver play go on SP roller coaster rides at every little hint of progress, but WOF stays flat, flat, flat (number of shares outstanding is no doubt a factor). But when the money comes in, and in a year or two when the mine has been producing, it will be hard to ignore a company with a positive balance, buyers for all its products (Tungsten, moly, gold) right on its doorstep, and continual reserve updates to extend the mine-life. If it were all smoke and mirrors (as these plays often are) then why is IMC paying to secure supply? One of these days the market is going to wake up to the potential here, even if it takes a book full of black ink to whap it in the face before that happens!