Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

Dan, thanks for that. I remember that when WHT got Peak, I was wondering what they saw in it that nobody else could see. It seemed like we wouldn't get a good return on it unless the POG went significantly higher, but they have done quite a job with it. I think someday we may get a "quality of management" valuation premium to other miners.
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Hi Joe Bob,
Fwiw, I have long sung the praises of Ian Telfer, WHT's CEO and his excellent management team on this board.

But as far as them deserving or getting a "quality of management" premium, I'll hold off on giving them my vote until they can start financing some of their deals from production profits instead of the dilutive road they have, so far, chosen to follow.

I just think the 431 million shares they have outstanding is a pretty hefty load to tug uphill for any distance unless the PoG gets really HOT!