GREY:WWEXF - Post by User
Comment by
cloreenbaconskinon Aug 05, 2015 5:38pm
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Post# 23992274
RE:RE:RE:Update
RE:RE:RE:UpdatePotential 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 projects) in a very stingy financial world especially for junior exploration companies. Guy found financing. Guy has kept WAI alive through a dreadful iron ore market and Ebola crisis. Now, Guy is soon to face down CIF.
The potential for success here is enormous given all of the risks WAI has overcome. Guy and WAI's management are quality managers who have been dealt so many things out of their control.
WAI's wheels are turning and hopefully we will shake CIF off our ride so Guy and his team can focus solely on the new project(s) on the horizon.