WFRSF - West African Resources: A Look At The Valuation After The Advance
We're now more than two-thirds of the way through the Q2 Earnings Season for the Gold Miners Index (GDX), and the newest gold producer to enter the ranks is West African Resources (WFRSF). Despite one of the most challenging quarters ever to begin production, the company has navigated COVID-19 exceptionally, with only one employee testing positive after arriving in Burkina Faso. While many miners struggle in their first quarter following their initial gold pour, West African has come out of the gates strong, with quarterly gold production of 32,600 ounces. Based