KRR goal same, KRR &WM mgt equally vigilant, growth potential greater at WM
Mraz Kord and the WM mgtmt team are impressive; and have achieved a lot. The share price performance has been terrible. I hope mgt is not selling shares to dilute us long term holders out of our share of company appreciation. Doing the repetitive placements at low prices while already having a boat load of cash on hand makes me suspicious.
Kord grabbed Fenelon from BAR for $3 mil cause they read the fenelon drill hole data from prior years. WM now owns BAR and WM keeps stating it's goal of 100K oz per year.
KRR a CN co largely in Australia is a WM type co with actual production of 105K AU oz per year. Their share price now is just north of $4 C and they have 5.5X less shares than WM.
I hold a ton of WM shares and I love all aspects of WM mgt except it's financing fever. Trying to guess real value of WM. Wish they would STOP all low dollar PPs.