OTCPK:GWAXF - Post by User
Comment by
zentrarianNZon Mar 11, 2016 1:33am
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Post# 24646802
RE:RE:3 Questions
RE:RE:3 Questionscheckmate...Thank you for the very detailed and thoughtful reply. Your willingness to share your knowledge of this company with others on the board is commendable.
I'm still a bit flummoxed as to why the market - especially the big boys - can't see the value here, especially since the main impediments you noted (permits and financing) are as far as I can see, a no-brainer. We're smack in the middle of the Timmins District and even if nobody else stepped up to the plate, FF is not going to abandon their substantial investment in GWA.
Be that as it may, GWA should eventually earn a re-rating. ($100/oz and $1.00/share sounds overly optimistic without gold returning to its highs, I'd settle for half that or maybe just the 30 cents GWA was five years ago.)
Anyway, mate, thanks for your insights and if you have anything else to share from PDAC - even anecdotal - please do so.
z.