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
Went & had another look at other IO juniors similiar to WPG such...
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