I think WAF over committed to BF, having two mines in BF makes them a bigger target for confiscation, I'm guessing that is why WAF went down when gold price went up, investors got nervous. I'm thinking they should divest one of their mines or start a new shell company with one of the mines in it and sell it to the Chinese or put it on another exchange. I think that could be the problem, even though there are synergies having two mines in the same country, there are problems with it which WAF I think needs to do something about, I was brushing a lot of this aside before when we were $1, but now we are in the mid 80 cents it's.....now we have a problem, It needs to be addressed and something done about it.
WAF Price at posting:
84.5¢ Sentiment: Hold Disclosure: Held
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