OTCPK:WFRSF - Post by User
Post by
Teatimenowon Aug 10, 2016 10:56am
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Post# 25126264
warrants, some thoughts
warrants, some thoughtsnew to WAF, althogh i had it on my WL for quite some time.
Overall the thesis is that i believe, some major likely e.g. Iamgold
will buy Orezone and WAF at a good premium, but also at a stand alone
operation WAFsMankarga will work.
As for the Warrants (WAF.WT) which have a 0.4Can$ exercise right and are almost
in the money as of today, they look really attractive here.
Before expiration dates there is a lot of news:
*More high grade drill results from M5 and other targets
*DFS (likely very good)
*permitting milestones
I`say there is good chance of getting at least a 200% return in investemnt until end of january.
Anyone disagrees or sees specific risks that might not surface at first glance
thx
teatime