WFRSF - West African Resources: Sanbrado Continues To Grow
- West African Resources is Africa's newest gold producer, and is set to become one of the lowest-cost gold producers worldwide.
- The company reported new drill results from its high-grade M1 South deposit, which has the potential to add resources well below the current reserve base.
- Given the possibility for an extension to the mine life and a smooth ramp-up thus far for production, I am raising my target price from A$1.40 to A$1.50.
For further details see:
West African Resources: Sanbrado Continues To Grow