If WSP was/is a scam, then the management has done a lousy job. First of all, they shouldn't be in the NWT. Too close to home. The best scams are somewhere distant and difficult to get at. A mountain top in Peru or some god for saken place in Africa. Local workers, none of whom speak English and know nothing about mining. Yellowknife is too close. The employees get to go to bars. If there is poor security for core or bulk samples, word would get spread very fast. Second, they shouldn't have a major like ABZ as a partner. They should have one hundred percent of the property. Or, a jv with a junior that they can control and use for "leaks" and for washing stock. Third, the orchestration of results leading to a worthwhile run up should be planned so it takes place over a reasonably limited time to avoid risk of exposure. WSP has been exploring for a terribly long time with constant mixed results that undercut the price.
I don't know, EC, seems to me if WSP really wanted to run this thing to 20.00 plus, they need to hire someone who knows how. Maybe there's a place for us in their organization. 500,000 options apiece at 40 cents. Run it to 21.50. Unload at 20.00. That's 10,000,000 each. |