Same story applies to many of the mining specs that fail to find anything commercial in the ground after spending $Ms of investor's money. At least WGL have a useful working bug free app with a JORC of infinite supply at a marginal cost of production of almost $0.
The stock market is full funny comparisons - I have a stock paying a 14% dividend yield (has been for 3 years) with free cash flow and loads of potential with a market cap less than many of the speculative mining plays that are yet to prove they even have a commercial amount of ore.
WGL Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
