i think we will just continue to slowly step up i believe WPG is...

i think we will just continue to slowly step up i believe WPG is a good 5 year hold & thats my plan & i will tell you why.

WPG is now going to start up at 5mtpa with exploration upside WPG is a billion monster in the making.

AGO after 5 years is only shipping 6mtpa compared to WPG start up of 5mtpa

http://www.atlasiron.com.au/IRM/content/company_growth.html

it has taken AGO over 3 years of production to get to 6 mtpa

we all want to see the sp up around $1.20 plus but if we all be patient & not sell out to trade the latest runners then we will be rewarded big time.

after first 3 years production

AGO atm 6mtpa cash $300m BUT now has 815m shares after issuing 265m for giralia t/o current sp...$3.91

WPG 5mtpa cash $600m(2014) 247m? shares sp $0.89,valuation $2.44

so double the cash of AGO come 2014 with 70% less shares!

so if AGO is worth $3.91 now you can see what WPG should be worth now & by 2014

in 12 months time we will all be laughing...

my predictions for the future

xmas 2011...$1.80

first ore shipped 2012 $3.00

2013...$4.50-$6.00

2014...$7.80+ x2 of AGO

WPG v AGO 5mtpa v 6mtpa,247m shares v 815m shares,cash 600m v 300m(after 3 years production),sp $0.89 v $3.91...

so either we are seriously undervalued or AGO has been pumped to the max.