RE:RE:RE:RE:RE:RE:RE:RE:RE:MSD Podcast from Beaver CreekSooner, correct me if I am wrong, but doesn't the PEA assume no grid connections and costs associated with their being no connection? If that is the case, then getting connected will only lower operating costs, thus juicing the NPV.
Not even $3 a share in a buyout? Doing the math, that equates to valuing (just the gold mind you and not even the copper) at only $24 an ounce in the ground. Wow, seems that capitulation is in full swing as the calendar turned from summer into fall.
I get it, these are the cycles that we go through in the markets. The next shoe to drop will be Wall Street figuring out that the punch bowl of easy money has been indefinitely removed and they will have a tantrum, tanking the entire market and we'll be able to pick up WRN shares close to a dollar in one final buying opportunity before the fireworks commence heading into late 2024.
For those disillusioned by WRN's recent performance, it is by far the best performing junior that I follow over the last three years. Take a look at most any junior at their summer 2020 tops and see where they are today! The entire sector is in shambles right now, even before the market collapses. So, take a deep breath and look at the entire picture. The fact that WRN has held up so well is a testament to the storyline that is progressing towards our eventual payday.