GREY:WFEMF - Post by User
Comment by
kilgoron Feb 13, 2014 1:04am
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Post# 22203269
RE:for what it's worth ??
RE:for what it's worth ??
In my opinion, Brian Wesson's goal was to fast track this mine i.e. flip it for a quick profit because 1) he did not have deep pockets to bring the mine to production. 2) He didn't have the financial connections to bring the mine into production, and 3) small caps faced significant challenges in raising financing over the past few years.
The direction of the company has changed under the new management and Dundee Capital. They have done both a financial and resource review over the past year. I believe they have a longer term vision, as they want to maximize their ownership, control, and profit
Then again, maybe I been drinking too much of the kool-aid. Anyone else have a different view?