Top Notch Team This company is doing everything right as rumors continue to swirl that the company is doing a private placement. I honestly do not see this happening, as they have cash on hand for the next round of drilling. As much as the greaseballs on bay street would love to get in on WHN for the cheap I just don't see it in the cards. This company has spent years getting to this level and management has made sacrificies along the way keeping the stock tightly held, by refusing to grant themselves boatloads of exercisable warrants, and pay themselves over-indulging saleries.
In the meantime they have protected shareholder equity and have stuck to their plan through all the ups and downs of building a world class gold deposit. This stock is tightly coiled with firm insider holding, when results come out on the remaining holes you can count on Bay street brokers scrambling to get in on this play. There is plenty to like here, and flipping for simple pennies in the short term with this company having a current market cap of under 60 million, is playing with fire. Next set of holes could easily send this one well north of 120 million market cap...No doubt the big players are keeping a lid on this one and accumulating.