WFRSF - West African Resources: High Margin Near-Term Gold Producer In The Making
Although the spot price of gold continues to experience great difficulty breaking through and staying above the $1,300/oz mark so far in 2019, one company that is making noticeable progress this year is West African Resources (WFRSF), a gold developer (and near-term producer) currently constructing the Sanbrado Gold Project, located in Burkina Faso.
Shares of WAF.AX (native ticker symbol of WFRSF) are currently trading at A$0.315/share, up 26% so far this year.
Jurisdiction Backdrop
In recent years, Burkina Faso has become a most noteworthy emerging gold district, with a plethora of mining companies