WAF chart, page-64

I believe WAF will hold it's ground, I have been thinking more about what has happened, though I had the idea last year, investors don't believe the current run up in Gold and is why WAF was not bid up, investors don't believe it in Aussie gold stocks either but they were heavily shorted (while WAF was not) and just been experiencing a short squeeze and with that investors realized a move from $1610 to $2000, the Aussie goldies were more leveraged because of their higher costs to a higher gold price and investors sold WAF to get the higher leverage from the ozgoldcrap. WAF will be fine and could move up with a reasonable decline in gold price where the Aussie goldies get crushed. It happened the same last year, I think some of us were celebrating last year how well WAF held up compared to the local goldies.