There is a simple fact - we know there is a gold resource that will at some point be reinstated which creates immediate SH value, however where the real $ will be is once that is done:
1. What the hell will it cost to recover?
2. What the hell can we sell it for?
3. How quickly can we get it to sell?
If everything goes right, which is a big assumption, low AISC, High Gold price, increased mine life then we have a $1 stock.
I'm very happy to take the punt @ 6c for a 15 fold return in a year or two. This is history repeating with this management team, buy something with potential, release the potential and then sell it to someone who values the potential.
DYOR and GLTAH
WPG Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held