Ann: Fourth Hole with Bonanza Gold Grades, page-43

Mate...

While there are a few 'ifs' involved and this stock is still speculative in nature, there IS the potential for something magical.

The first on the checklist is the rest of the drill results:
1. Will we continue to get bonanza grades?
2. And therefore will we end up with a monstrous JORC resource?

As mentioned to earlier by Andy the next 'if' is our cashflow:
A small gravity plant would cure this - and would foresee a rise in the SP. (As oppose to a CR and a dilution of shares).
Thus if a gravity plant or some other non-CR form of financing can be procured this would precipitate a response in the SP that would most likely result in the options being in the money.

This would have a strong flow on effect. With the mass exercise of options (there are 200m @2c unlisted) - the company would receive $4M - more than enough, in addition to a small gravity plant (if established) to move to the next phase of development.

WCN will then be in a strong position to properly set up and mine the massive deposit, which could begin throughout Q3/Q4 of 2017 based on the timeline of the investor presentation thus far.

The final catalyst for the WCN fairytale is the rise in gold prices (currently predicted for 2016/2017) and the return of attention to gold stocks.

If the Australian dollar continues to drop, this will also increase the appeal of ASX gold stocks.

Down the track from this or even along this path could see a takeover of the company by a larger entity, especially if the JORC resource is monumental.

Expecting big things as it will not take a huge amount to for this project to get off the ground.

0.007 --> 50-60c by 2018?

Your 10K now might net you $715k by 2018.
Meanwhile Andy will be sitting on a cheeky $105m - party at Andys?

"The stock market is a device to transfer money from the impatient to the patient."