WFRSF - West African Resources: Burkina Faso's Newest And Highest Margin Gold Producer
It's been a busy year for M&A in the gold (GLD) sector in Africa, with Endeavour Mining (EDVMF) making a run at Centamin Egypt (CELTF) earlier this year before deciding on Semafo Gold (SEMFF), and West African Resources (WFRSF) snapping up B2Gold's (BTG) Toega deposit last month. Both deals were extremely accretive for the suitor, with Endeavour Mining's acquisition of Semafo pushing the company towards becoming a 1 million ounce gold producer, and West African's purchase adding mine life with an extra million