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1.5¢ wpg resources ltd

Ann: Full Year Statutory Accounts, page-76

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sabbeth

216 Posts.

02/10/17

11:56

Post #: 27592773
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Originally posted by Seth Davis ↑

And that's the nature of the beast. Yes, completely agree that management should of been forthcoming with the contractor dispute and NOT flagged requirements for a CR. It reminds me when RMS were trading down around 4c and looked all but over, I didn't want a bar of it. The question now is, what's fair value and how much dilution is to come. This is all dependent on whether WPG can deliver on their forecasts or not. If they can, then it's days like this that will make you a lot of money in the not too distant future.

They way in which management have handled their communication is not good and I am in two minds whether to go hard at this and buy the dump, wait and do nothing or just suck up the loss and move on...

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When is the next quarterly report due? I might as well wait a few weeks and see if mgmt can turn things around.

WPG Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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