RE: RE: where is WDO left in this gold sell off? hello silver,
that is correct, but WDO also had close to $9mio in cash at hand and receivables, off-setting the $14mio payables for a part, which i also did not take into account. I wanted to focus on the juicy 10k ounces the company is holding.
but overall WDO has a sound balance sheet in my opinion to weather a storm
and don't forget WDO is cash flow positive for its Eagle River complex operations above $1200
the free cash could and should be used to buy back own shares at these prices is adding value
rgds, Trappist