I just read the Wardley report on Mt Freda, haha explains why WM is so hot on Mt Freda and Ausmex. Always wondered why he bothered. Well now I know. Obviously a few people have a copy of this report and probably why the continuous buying of the stock at 3c. Always standing soaking it up. Must be laughing their heads off. The whole report has been downloaded on “ *****gold . com “ . There’s a piece on Ausmex and details the real resource on Mt Freda after mining finished in the late 80’s. Seems from reading it Wardley (subsidiary of HSBC were given Mt Freda to JV or sell for DMR and insisted on their in-house geo’s doing their resource estimates. I knew the recent one was a hurried croc of sheet. Explains why DMR had a Matket Cap of $270m. Is good reading certainly an eye opener.
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I just read the Wardley report on Mt Freda, haha explains why WM...
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