@trumpy71 ...."Hi @ozblue, did you have a good read of the Geo report. "
I certainly did. Interesting that the consultant geologist has not even been to the site to investigate for himself, really is a bit poor for a geologist report in an IPO.
I wouldn't mind reading the geologists reports from the companies that had the ground in the past, especially those of when the company was about to quit the area. This ground has been kicked over by a few companies in the last few decades, all coming up with nought.
Yes Pathfinder is accurate in that the ground has not been drilled, but to put all of this company's eggs in the one basket of drilling this ground, really is an all or nothing play. Even if we assume they raise the capital and relist, imagine the carnage to the share price if the first holes drilled come up empty, which is what happens most of the time with junior explorers. There is nothing to fall back on.
What is the experience of this company's management or BOD with the geology of The Andes mountains and working in South America??
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WFE (soon to be renamed Pathfinder Resources Limited) Prospectus, page-188
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