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West African Iron Ore Corp V.WAI

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals
Alternate Symbol(s):  V.WAI.WT | WWEXF

West African Iron Ore Corp is an exploration stage company. The Company is engaged in the acquisition, exploration and development of iron ore properties located in the Republic of Guinea.
Price: $0.01 | Change: +$0.005 | %Change: +100.00%
Volume: 3,000 | Day High/Low: 0.01/0.01 | 52 Week High/Low: 0.02/0.005
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3rd tranche

The renewal of the mining license in Guinea is expected to happen very shortly.  This section of the latest NR states that the 3rd tranche of up to $900,000 will be provided upon license renewal more
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RE:RE:RE:Other investment areas

Guy striking a financing deal makes me optimistic. WAI now has money to explore another resource investment opportunity while the Guinea project is ongoing at it's very slow pace. Without more
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RE:RE:Other investment areas

it's nice to see you are still optimistic in this.  rate and reply
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RE:Other investment areas

According to the Mineral Resource Authority of Mongolia:  Coal, copper, and gold are the principal reserves mined in Mongolia. Gold mine project for WAI Capital Investments Corp?  rate and reply
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Other investment areas

Guy Duport said WAI is currently looking at projects in Nicaragua, Chad and Mongolia.  The most advanced project is in Mongolia - it is a difficult jurisdiction though.  Looking outside of Guinea more
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No bids...dilution is not ideal obviously but it is better than going under.  With financing in place, WAI's future looks promising.  rate and reply
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New investors

The new investors are from Europe. A condition of the long term financing agreement with them was for WAI to look for investment opportunities beyond iron ore outside of West Africa (hence the more
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I was surprised to see the news also yesterday. I'm a little disappointed about the roll back but that's what they need to do so be it. Now they really need to focus on where they go from here.  rate and reply
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A junior mining company especially an exploration company being able to raise money in this  environment is big news.  This NR speaks volumes for the ability of WAI's management to drive the more
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News Out

I no sooner asked if anybody has heard anything and I see WAI put out a press release,     looks like they got financing  in total of 2.3 million !     roll back as well of 1 for 10 more
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Has anybody been able to speak with IR lately

Hi I Rivermoney.   Anything new at all,  quite a bit of time has passed since early Dec when it appeared that we should have heard something by the first couple of weeks of Jan.  rate and reply
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RE:No news yet

Okay thanks.   Hopefully there will be some news soon, I really thought we would have heard something by now.  rate and reply
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No news yet

I have not heard anything yet.  rate and reply
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Bellzone & China Sonangol They are finalizing their financing agreement. No info back yet from Mr.Duport.  rate and reply
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RE:RE:Further update

Hi Rivermoney     Have you heard if Guy is back home yet ?  I think he was heading over around Jan 10th or so.   Anyways I would like to think that we should hear something real soon.  rate and reply
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The Neighbours!!

Nice to see Sable Mining have a nice little run. Hopefully we can get the same lift!!!  rate and reply
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RE:Further update

It's just a matter of time when these agreements get finalized.Then watch WAI go.  rate and reply
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Further update

Confirmed with Guy Duport that WAI is also still in talks with a group based in the US. So, we have groups in Europe, the Middle East and the US as potential financing partners/investors with more
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RE:RE:RE:RE:Annual Meeting

Stockhouse shoud delete this basher's account and remove the posts.  I contacted Mr. Duport regarding the matter.  He said the following: We have requested Stockhouse to remove this non sense more
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RE:RE:RE:RE:RE:Annual Meeting

Thanks to the two previous posters for those post,  I didn't realize that this poster came out of no where.  Not sure where he got his info so it's nice to know that if something is posted that more