All on very light volume, if I was to see 20m change hands at this price I would have a concern.
As long as there is Gold coming to the surface and some of it stays as Bullion in the Vault we should be ok.. ka-chonk ka-chonk ka-chonk that's our mine spitting out gold...
I was in a Goldie where there was a death at the mine, that was 3 months of stoppage , then flooding, then a year long TH but it came back and now is strengthening.....
WPG has stabilized the operational end of the business, Now we need our silk suits to sort out the side show, personally I would be thinking its going to be a 50% ish settlement, so bank on it costing $4m to Pybar . IT IS IMPORTANT to recall WPG stated they "with held payment" from Pybar, they didn't pay invoices due to Managements belief that Pybar had not honored the Contract,, in part protecting shareholder funds..
WPG Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held