OTCPK:GWAXF - Post by User
Comment by
zentrarianNZon Mar 06, 2016 5:33pm
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Post# 24627938
RE:RE:RE:Profit
RE:RE:RE:Profit Thanks for that, checkmate, you make excellent points as usual and it's nice to see a bit more activity on this board.
One thing I really appreciate about GWA is how conservative they were on their PF. They had to leave out all the exploration potential, of course, but presumably they could have tweaked things up considerably for the ore sorting process, for example. (Other variable factors like the exchange rate have improved as well.) I think a lot of people are going to be surprised when the real numbers are punched.
If I may be so presumptuous, three questions for you (and laroplex, if he cares to respond):
1. Do you think they will go straight to production after approval without a more robust FS? (Considering that they already have much of the financial backing sorted and a working mill potentially available.)
2. What is your take on the potential for a (presumably hostile) takeover? I know you've addressed this issue in the past, but maybe for the sake of any newbies as well as myself.
Just for laughs, awhile back I ran my portfolio by Sprott in their recent free promotion. Most of my stocks were 5s or 6s (which isn't bad, considering they include companies like PVG and FF that I know they are invested in) but the sole 7 was poor old GWA. So....
3. What is your take on why GoWest is still so unloved, even by people who should be "all over it like white on rice" Rick Rule?
TIA,
z.