wpg: the best junior io mine to port 2012

  1. 434 Posts.
    Went & had another look at other IO juniors similiar to WPG such as.

    IOH (mc.$220),FRS $168,BCI $266,FMS $291,CFE $271.

    none wont get their IO on a ship til 2 years after WPG.
    some havent got the finance & most likely wont FMS?
    some dont have any cash
    some havent got a rail agreement (add all the stranded midwest hopefuls)
    ALL have lower grades
    most havent got port access
    WPG will have 2 years production before any of these others get off the ground,that is a huge head start when you consider how many other IO hopefuls there are.
    me personally i cannot see any reason to sell,the risk is you will miss out on much bigger profits down the track.

    WPG may come off abit after a solid announcement but acorn are buying up & its all about to happen.so imo hang in there.ILG
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.