WAF 0.00% $1.48 west african resources limited

Ann: WAF Resource, Reserve and production guidance update 2021, page-38

  1. 528 Posts.
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    It's a long term play now. Sold at 93.5c and added back around 76c (check out my comments). It would be foolish to sell even at this level.

    A long term holder holding from 1.15 will make tremendous amount of money and let alone the ones added sub .80.

    The gold sell-off has shaken out so many people. Just reminds me that when the banks were calling 30% drop in real estate in Sydney last year, I told my best friend to buy but he didn't listen. Today, RBA said they won't increase interest rate (of course not, just doubled its purchase on bonds last week). The real estate will run very hot for the next 2 years. The question is how many people are prepared for a hyperinflation cycle?

    Gold is being manipulated short term but those crooks can't withhold a tsunami wave coming at them. All the best to holders of WAF. A great and transparent management team is what we need to become great.


 
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