WR1 2.86% 51.0¢ winsome resources limited

WR1 General Discussion, page-10998

  1. 3,009 Posts.
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    ESS/MIN or whoever, will hopefully provide another historical valuation to the 10mt = 150mil thesis - This will just add more weight to the fact Wr1 is completely undervalued, and should be over $2 if you are on the same page that they have 20mt from Jamar already with no further exploration potential.

    Personally, I am in the Camp that Jamar has approx 35mt for the 720 strike to a depth of 340m.

    Hole 5 was drilled at 45*, and returned 160m of mineralized peg to a depth of 170m. I believe the peg gets wider the deeper you go, currently its 50m at surface. Hole 7 ended 340 below surface, it was not drilled down the pegmatite and is 100m from hole 5. The whole area is mineralized and expands at depth. Anyone thinking that 20mt (plus 3 from cancet) is the final amount you have rocks in your head. Anyone thinking the current share price of 1.445 is reflective of the deposit needs their head read. Mafs is not your strong point.

    $2.12 is the comparative price wr1 should be for 23mt.
    This does not account for cash in bank or further exploration potential.






 
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