it's also worth considering we are cashed up atm & can ride out the storm. There's no incentive for us to sell low, given our position. MIN won't want to sell low, given its in damage control, and unfavourable fiscal decisions will result in more questions being asked of their board.
MIN board would also have difficulty pitching a TO of us to their shareholders, once again due to the current shareholder/media attention.
You add a gold find to the mix, and we solidify our financial position more so. We have 2 potential cyclical commodities...one riding a high atm, the other treading.
if we were having to CR every other month it would be a different matter. We'd have been sold by now.
Anyone wanting a piece of WC8 will have to pay handsomely, even in this climate.
Final point..exec have gone on the record repeatedly stating they want to bring this to fruition. That's as much a public facing statement, as it is a reality check to those contemplating wasting our time with low ballers.
GLTAH
WC8 Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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