WAI Capital Investments Corp WWEXF

Take A Closer Look

[OracleVision]

Hello all,

If you understand what it means Globally when the Chinese have announced their long-term, high-grade, Iron Ore control percentage goals are for the next 5-10 years (50%); and if you understand WAI's property location, and quality of ore, and cost of extraction numbers, and the quality of their government relationships there; and if you realize who the main investors are in WAI, and their firepower, reach, influence, and success history in finding elephant assets; and if you understand that they are now funded to the tune of $30 million (when juniors all over the place are going bankrupt right now), and more majors are interested in participating; and if you understand this CEO's abilities and ethics, and that this is NOT a pump and dump Howe Street deal, and that "time will tell" on the immense "quality" of their assets that they actually control, and their proximity to Rio Tinto, BHP, Vale (Vale is not going anywhere) and the multi-billion dollar Chinese infrastructure investment commitments to this area...how can you not like the two year forecast potential for this stock?

All the short-term Howe Street penny stock pumper and dumpers will disappear, and then the quality institutions will take over the buying and drive the share price to a level this World Class asset play will command. Watch and learn, watch and learn...this management team wants nothing to do with the day traders and short term hypsters. This is one of the best long-term holding stocks I have seen in 20 years...high grade Iron ore in West Africa is the last big "Gold Rush" you will see with the Chinese leading the charge and their economy is set to quadruple in the next 10 years...the institutions just need the asset report and metalurgy repoirts before they can start to really step in. It would take nothing to take this stock to 50 cents this year if the metallurgy is exciting...I am betting it will be.

Yes the resource markets are at “35 year lows”, but that is when the smart money buys...look at the price of this stock....its so unbelievably undervalued its unreal. What a gift this company is to my portfolio... I guess the real question is: With the Earth’s population doing what it’s doing (growing out of control), and the size of the growing massive middle-class in the Developing Countries like China and India, who want all the products we do, do you think the Global demand for hi-grade Iron Ore will go up or down over the next ten years?

Happy investing.  OracleVision

[RetiringYoung]

Nice post.   I understand the global  fundamentals for iron ore fairly well and htis is an interesting story but it seems to me the entire upsie now hinges on a significant offtake with China. And there are lots of junior iron ore projects looking for the same thing. Geographically this one stellar.   But the website is horrible, seldom updated, pictures of BOD "to be added

[LeThug]

The IR (via Vanguard) is pretty good actually. At least when it comes to answering questions via mail. Regarding the presentation I guess they just took it offline a bit too early but are now waiting for 43-101. Otherwise I agree, poor website and little to no media exposure. Again on the other hand there is not much you can come up with if you don't have a 43-101.   Hopefully WAI will

[Goldenring]

At this point and time I don't blame them for not doing any promotions or or spending money on things that could cause further delution with no real results.   Unless they are at the point where the shoval is very close to hitting the dirt why would you?    In this market it would be a total waste of time and money, the only people who may benifit are the flippers.    

[OracleVision]

Thanks for the responses, I believe there are two opinions (or camps) that both have merit to consider here in your responses. I just want to repsond to one poster first - there are no other juniors with a Elephant Size, Untapped, High-Grade Iron Ore Deposit with Favourable Government & Contacts, and Massive Chinese Investment in Them and all around them  - in the World...show

[bluesky999]

WOW!!!!  That was truly one of the most awesome over the top pumps I have ever read on stockhouse.  Good on you for so unashamedly talking up your position!!!!! I don't disagreee with much of what u say but concidering who is involved u would think that they would be stepping on each other to buy at 6 cents....they are not.  Why? On the sideline for now... Cheers Bluesky

[Qaxter234]

Actually it is in CIF's interest to keep the stock price low.  They have to pay the greater of $0.10 per share or the current stock price to convert their debentures to shares. Also, the number of shares and warrants on the ask at these prices is extremely low according to level II data.  This stock will move up quickly on NI43-101 report if they prove significant iron ore deposits

[OracleVision]

Hi Qaxter, how are you today? I believe CIF wants alot more to do with this project than a simple $30 Million credit facility...dig deeper into CIF as a company, and I believe you will see clearly they have an interest in and are betting heavily into Western Africa iron ore...$30 Million is small potatoes for them...they bought a significant interest (as did Glencore) in Bellzone and in my

[OracleVision]

Hi Bluesky, lol, you made me smile with your post to me, yes, i am not shy when I believe in something, and why not add positively to a great story if you believe in it? My daddy always taught me to "put my money where my mouth is" (so unless I am long, I don't talk) (And I never bash a stock or go short, believe thats bad karma)  lol... : ) Hope you are having an awesome day! I

[Qaxter234]

Sent an email to Vanguard and they called me back within hours.  I too have invested heavily in this company, via the warrants - 2 million of them. They explained the reason there has been no news is ongoing preparation of legal documents for CIF agreement - I too feel CIF wants a bigger piece of the puzzle, but WAI needed cash now to complete resource drilling.  CIF wasnt ready to sink

[OracleVision]

Hmmm...Qaxter, I think you are "smarter than the average bear" my friend. Glad to toast you in the future on our homework and educated risk assessment if it pays off. : ). I have a very large, free-trading position and will continue to accumulate at these levels. Show me something better to invest in at this point. I am looking, but its hard to find World Class Potential

[LeThug]

Hi Oracle, Glencore didn't buy into Bellzone, they just got an offtake agreement for their Forécariah mine (JV with CIF). CIF is holding 25% of Bellzone though. On the other hand I agree that WAI seems to have better grades (lower impurities). But Bellzones Forécariah mine is some kind of test plant for the much bigger Kalia deposit that also awaits the "go" for the

[Qaxter234]

With regards to additional testing, I believe WAI is looking at ways to process raw materials into an economically viable, commercially useful, and transportable product.  Vanguard wasnt specific on time frame. I agree there is still much risk here and many variables to this becoming a iron ore producing company.  I just think the execution of management will make or break this thing

[LeThug]

Just re-read your reply regarding Vanguard. Do you remember the wording of the answer? Maybe the 30m financing have allready been triggered. 

[Qaxter234]

They have already used a few million of the LOC from CIF for expenses mostly related to drilling.   Again, any questions you have dont hesitate to contact Vanguard.  They were very transparent with all information they can divulge.

[OracleVision]

Thanks, LeThug on the correction about Glencore...I knew that, late night when I wrote it. And yes, you are also right about the other points on Bellzone. I think WAI is much better positioned than Bellzone, just behind on the story.  I am excited about all the various opportunities WAI will have if their NI 43 101 and metallurgy looks good....but CIF buying 25% of Bellzone tells you

[Barbazan]

nice to see this board building with well thought out posts!... thanks all for the info... I like/own the warrants as well as the common - you get good time premium - almost 3 years...and it's reasonable to think WAI mkt cap could be up towards 100 million cap (near exercise price at current shares out) by then, if they execute... was there a new time estimate given on 43-101

[Qaxter234]

  Update on current exploration work in Forécariah Exploration work on the Forécariah permit is continuing. The Company completed all planned RCH and DDH drilling program necessary to enable a resource delineation assessment on the Wondima prospect and is now undertaking a maiden NI43-101 compliant resource report on this target. A total of 3,441 samples (including QA/QC samples

[Qaxter234]

Here are some numbers that are food for thought.   Total Iron Ore Dilution Shares   current shares 175,577,548   outstanding warrants 45,000,000   outstanding options 16,950,000   Current total 237,527,548      

[LeThug]

never say never but i guess  "economically viable" is not really debatable. not just the drilling has been very good so far but also there are very low impurities.  bellzone forécariah got just 240m tons defined at the moment and they built the mine just on internal studies back then.  and even with their 58% product they will make hefty profits once they will manage

[OracleVision]

Thanks Le Thug and Qaxter, are you both at PDAC? Where did you get the detailed info? Is this the info that Vanguard is releasing at PDAC?  Is there a WAI booth? Your numbers look reasonably good to me...sounds about right in my opinonthese numbers are all from released information...if WAI proves out the tonnage 500 million shares and an $11 dollar stock would be increadible..

[LeThug]

nope, i  just had bellzone and wai on my watchlist since their ipo but luckily missed the whole crash of both and/or the explorer and miner sector. since they have bottomed out i am in both of them and had of course months for research. most is easily available via the web:   a few links for politics: https://guinee7.com/ https://www.guineenews.org/ https://www.africaintelligence.com

[Qaxter234]

  No I am not at PDAC.  Most of my information comes from the WAI website and documents on SEDAR.     Went over the press release from Sept. 2012 regarding the Letter of Intent with CIF.  This "partnership" may be further down the road than I thought.     As part of the same facility, CIF has also agreed to advance an additional CAD$20,000,000 at a

[OracleVision]

Hello Qaxter, You read the available documents. Good for you, very few do. : ). Its all there, you are right.   Yes, as I understand there is actually $50 million available in an LOC. Show me a junior who can say that. Very few right now. And my gut tells me they will "prove up" well above their required minimum FE for the full credit facility. I believe after the next few news

[RetiringYoung]

The G&M and National Post wrote unbelievably negative articles on the mining sector, full of gross inaccuracies that deserve a retraction if not an apology. I was at the PDAC and there was ONE, count em ONE, empty booth. You couldn't get a hotel room, bars and restaurants were jammed and I mean solid.   Beware what you read and their motivations....

[Barbazan]

True that...like Canadian Business running housing crash covers for the last 2 years - they'll get it right eventually - or maybe never!... we need retail and fund investors for companies like WAI - they just haven't returned to risk yet - probably had to happen to cleanse the space...but one wonders if boomers ever return to risk - they have to keep decreasing their

[OracleVision]

Thank you Barbazan and RetiringYoung,   Yes, the news, as usual, wants to say "the sky is falling" as that is how they sell newspapers... Let's wait and see what the CEO of WAI has to say upon returning from his latest business trip abroad. I am always a buyer at the worst of times, and a seller at the best of times...Iron Ore is an essential element of the Developing World...I&

[RetiringYoung]

I'm closer.....can anyone tell me what the near term milestones are besides the 43-101 (when?) and the holy grail offtake and project financing? tia

[LeThug]

initial focus was on sambalamba but it is deeper and more difficult to drill so the focus shifted to wondima. as far as i know they will drill awa next because it is also near surface and easy to drill.   part of the 43-101 will be whether it is possible to upgrade the ore into dso. i would see this as another milestone.

[veritasmining]

As you rightly point out "whether it is possible to upgrade the ore into Direct Shipping Ore. Shoudn't the feasibility beneficiation tests been conducted on this low grade hematite Fe laterite ore prior to drilling all these holes on Wondima ?  Sambalama target area was at one point to hold a "potential", love those words, of ~10 billion tons megnatite Fe.  Have we

[LeThug]

@veritas "Have we gone from hero to zero ?" As mentioned, Sambalama seems to be more difficult to drill than the other targets. So they will drill it again later. If I recall it correctly there are some faults etc. so it could have turned out in sinking a lot of holes and wasting money. Now it seems like they will receive a funding of 30m $ because they shifted their priorities so I

[OracleVision]

Yes I agree "Le Thug", my friend...the ore body they are currently focusing on has monster potential and the land mass is more than big enough to ever worry about running out for at least 15-20 years if it hits big...the Metallurgy from SRK and another will be out soon along with the Maiden Resource Report...and I understand there is another large cash infusion coming soon from the

[Barbazan]

Oracle - any info on the metallurgy update?...seems to be taking longer than usual - wish i had a dime for everytime a metallurgy was 'later than usual'....but this is the norm for the business.... I too am long a lot of shares and want to buy more...

[OracleVision]

Hello Barbazan, Yes, everything takes longer than usual...it is Africa remember : ) From what I understand we do not have long to wait...days not weeks...From what I hear there is a meeting coming up with SRK, the Company and another "Exciting Company" very soon, and then the final Resource Report and Metallurgy will be released shortly after. There are many senior miners and

[Barbazan]

thanks Oracle and Cloreen - not too concerned about the MD&A from Sedar - the liquidity risks are standard for execs to identify - they are binded to do so - i think Cloreen was identifying the timeline for the report - end of June if not sooner... yes it is tough for juniors to raise dough - but WAI is at least going in the right direction by seeking the funding/offtakes from an