WAL 0.00% 0.6¢ wavenet international limited

gold prospect clr holding & valuation., page-4

  1. 1,717 Posts.
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    Todays I am not normally a half glass empty type of guy but wal have got me there. You speak of gold in Indonesia, I say why bl--dy Indonesia? They have just introduced legislation which requires any successful mines to be at least 50% indo owned, while I concede the prospects are ok they are NOT outstanding and have been picked over for a considerable time. There are small cap miners/explorers all over the asx in desperate need of cash with far better prospects who would happily partner up and who have expertise that wal clearly don't (fnt's Tassie mines for example). I just hope I am wrong but due to the drop in value of my wal holding I have already lost so anything from here is a bonus.
 
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