WPL has negotiated and paid at the January resource estimate...

WPL has negotiated and paid at the January resource estimate level, and has announced at the current FAR estimate level.

Saves money on the purchase, and then sells the story to its investors on a bigger number.

Nice work!

Sure the price has tanked, but if you aren't motivated to sell at the moment, then it's full steam ahead, but with a better engine ie WPL will be keen to get to the destination ASAP.

So pop the cap back over the eyes, sit back, relax, and let's wait for the smoke to clear so we can see what's really going on.

PS might be some nice cheap shares for those with the long term view. Especially if you've got cash from dabbling in gold the last few months. BONUS!