And I suspect the massive loss for the quarter was expected but they went ahead with $20 mil dilution when they must have known that VA was looming and they could get it for practically nothing!
Now why would a board do that to its shareholders?
Oh, of course, AUL holders would have lost the lot including the main investor with a foot in both camps.
I was shocked when in a bit of recent propaganda they boasted about 23 employees at WP. No gold production and 23 mouths to feed. Wow!
WRM Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held