Happy to be holding WHE and in at these prices. Looking to top up holding now at these levels. Recent read of Toro's December update below will show where WHE fits in in Toro's thinking of competitors in their 'race' to production. WHE is clearly in a good spot. This stock is down over 99% from highs so very cheap for the risk and a good recovery play. It is a lot further towards production now that a number of years ago when it was priced unrealistically and bid up very high.
http://hotcopper.com.au/post_single.asp?fid=1&tid=2149152&msgid=12654991#.UqgKDhaBKFU
I expect some good news and positive surprises in first part of 2014.
Buying at the right part of the explorer to producer cycle is important with such a long time frame to production. The share price behaviour isn't starnge compared to its peers during this very difficult GFC and post GFC era. Big picture and this recovers from a cheap base price now.
MY thoughts and opinions,
Investing long term.
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