RE:RE:RE:RE:RE:Nice flush out at closing bellAs a follow up to GM's comments, I understand some of us aren't too hip to the lofty salaries some in WRN management have pulled down over the years. If you believe they are just in it for the money and care not about the shareholders, please realize that we ALL get a payday if a buyout occurs at a valuation that is consistent with our true intrinsic value. Options, even if they are acquired on the cheap, will not realize their full value unless management goes to bat for everyone.
Management are our employees or agents if you prefer. We do well if they do well and vice versa. This ties into the concept of management being aligned with the shareholders. Note how half of the top 4 holders of WRN are insiders. Is WRN the most highly-aligned junior out there? Of course not. However, we've all seen (and some of us have invested in) juniors where the insiders hold less than 2% of the company. WRN is far from being misaligned with the shareholders. We just need patience, our ship will come in, trust me.
When the world is screaming for gold & copper (soon, it will be), we are sitting on the mother lode up at Casino!!