WAF 2.19% $1.79 west african resources limited

Hartleys site visit, page-4

  1. 337 Posts.
    I don't think this stock will move until the new resource is out no matter what the brokers say. it never broke the 38c resistance barrier as far as I am aware of.mac bank sitting on massive profit from oppi conversion and could cause major sell-off for whatever resason not just company related which is a worry.
    unfortunately the timing of resource upgrades seems to be a moving target.the new DFS was meant ot be out by now also and has been axed. it just disappeared off the presentations a few months ago without any explanation.
    the resource was meant to be out by now and is nowhere to be seen. much as I like the stock it is not the first time this has happened. I guess that may be partly why there was a sell-off at the end of last quarter.
    people are getting impatient.
    the fact that it appears to be openly acknowledged by some people on this forum that the company has the for sale sign out the front gate (has this been verified by anyone??) does nothing to instill confidence in the project imo but rather adds an uncertainty factor that there may be an inherent problem with the whole show. here's hoping for a great resource upgrade whenever that will be. not holding my breath to see a revised DFS in the next 12 months going by past performance. DYOR, all IMO only.
 
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