Obviously AAU appears undervalued if everything plays out...

Obviously AAU appears undervalued if everything plays out nicely. I mainly look at the short/term risk and when to potentially add up to my holdings or completely exit. I would not count on DR money too early, first you need to win the case, second you need to receive the money. many things can go wrong ( its not a rich country, it can easily announce bankruptcy and get away with not paying anything) list of the countries in that region doing so is pretty long, and some of the countries did it multiple times (10 times Ecuador, 9 times Brazil, Mexico, Uruguay, Chile, Costa Rica and fairly recently Argentina)

If we get money from DR. its a great bonus and huge, de risking factor, but don't cont it before you get it.

I still believe that at current stock price WWI offers better opportunity then AUU in a short/medium term. It might change obviously as the geopolitical situation is very dynamic at the movement.

Lets have a bet, about good bottle of wine or whiskey. Lets see which stock price preforms better over the next 12 months. I recon that WWI, you probably go with AAU.

If it comes to to long term 5-10 years from now. Its hard to say. I recon if I have both companies in my portfolio WWW and AAU I will likely beat the market performance.

AAU

1 The La Demajagua project 49% project ownership
8 year Mine Life for open pit 100oz/annum
potentially +10 years at
approximately 65,000 oz Au Eq annually.

2 Potential EP Gold-Copper Mine
3 Potential Re-openingof Antonio Copper-Zinc Mine

Positives: minimal competition, potential for additional projects
Risk: Cuba ( country on the terrorist list which limits options when it comes to loans, close ties to Russia, current market situation)WWI

1 Qala Shallows 74% project ownership
4.58 g/t Au 17 year open mine life 65-100000 oz AU
potentially 7 million oz extra at depth ( based on historical drilling non Jorc resources 12.8M oz)

2 Mt Cecella project up to $10M Farm-In & JV Agreement: Rio Tinto

3 Witwatersrand Bird Reef Central Uranium Project
Positives: on the paper the most undervalued junior mining stock in Australia, in theory should be easier to finance their project
Risk: current economy