Spot on Meric. I feel sorry for today's sellers as they are...

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02/10/17

11:35

Post #: 27592035
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Originally posted by NZ Trader ↑

Firstly Management need to take stock and release a strategy to market on how they are going to deal with the issues at hand. One concern is that there must have been a dispute that couldnt be mediated that lead to Legal Action. Second, Judges are pretty smart and can easily tell a frivolous case. ( if shown to be a sour grapes spat WPG could take action for losses caused by a frivolous action.
Lets not loose sight of the fact we all invested into a fledgling Gold Miner that is sitting on several massive deposits that is only just beginning to extract Gold with a new Miner. The new contract is heavily weighted on success unlike what Pybars contract that paid to basically be on site.
You can see why Pybar sold down their holding now, nice move in the mid 4c range, then bang, legal action. Probably use those funds to buy back in at 60% of last months dumps.
So WPG need to mine and mine numbers like never seen before, Gold to pay the Bills, Gold to pay the Lawyers, Gold to pay the Shareholders, Gold mining is what they need to focus on and let the Lawyers deal with Pybar. Mine mine mine

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Spot on Meric.

I feel sorry for today's sellers as they are selling based on fear. No 1 mistake in share trading 101.

On the flip side I have reinvested at 2.4c and cant believe my luck !

WPG Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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