OTCPK:WSRLF - Post by User
Comment by
Espanaon Apr 18, 2014 4:56pm
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Post# 22468067
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Highs?
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Highs?Drillex: Thank you. I agree the delay in any PR is probably to allow time to assemble the data from various sources to achieve a net positive. Sproule must also be involved in the recalculation of Contingent Resources at Sarqala. This number and S-1 H-1 total production will be vital in limiting future dilution that would otherwise be required to define the game changer candidate at Kurdamir. I suspect the "Prospective Resource" numbers will go down substantially as WZR has surrenderred alot of land (Quilijan etc.). However, I believe most people understand that these (PR) numbers are "pie in the sky" and of little consequence in this circumstance. The stock has already taken a bit of a hit because of this. There will still be deep (Eocene/Cret) Prospective Resource potential.