Dec. 19 at 5:14 PM
$WGMCF . I haven't posted for a while as Winston's progress has disappointed
I am bullish at 12/19/2022 price of US
$0.015, and I have added to my position
What we have
1. All permits in place, including dewatering and discharge
2. Tunnels to the ore
3. Historical grades of about 0.6 oz/ton. Winston's drilled grades (average) of ~0.33 oz/t (above water table).
4. Ore under water should have grades comparable to historical (~0.6 oz/t)
5. A mill that runs ok - needs improvement
6. Carrabba lending money cheaply to Winston
What went wrong:
1. A difficult start up, possibly poorly implemented
2. Drop in gold price during start up, now improved
3. Difficulties in raising further funding - this seems to be progressing, but will result in stock dilution
Krav from Yahoo conversations please message me. I am blocked on Yahoo for some unknown reason and cannot respond to you there