Jojo,Thanks. I agree with you wrt WSA grades, and potential for...

Jojo,

Thanks. I agree with you wrt WSA grades, and potential for further discoveries. I am sure you are right wrt takeover potential, much more likely than IGO,SMY or MCR imo.

I am not however sold on the story, perhaps impatience but seems like forever to get to the big deep orebodies, then looks like they"ll have to share with KZL.

I guess given the risks to go, WSA ranks slightly in front of AGM & ALB, and well in front of MBN. But inevitably these 3 are it's peers for comparison purposes, not SMY,IGO and MCR which all have an established production (and dividend) track record.

I am still at a loss to replace JBM, but see no reason to rush this time. Still have a good bundle of IGO.

Right now JBM feels like a $23 cash note, with an option stapled to it. Not a bad thing to hold while wall street turmoils, and Jap jitters continue to afflict us.

EL