Fair Report - Target of 3.1 to 3.6c is typically conservative, but promising.
They have $4 mill cash so no need for a CR, and if they do they run the risk it will collapse the SP while we wait for news of progress.
Clear sign of profit taking today - its pretty general across many explorers - at least ones I follow - and once started it brings in the lemming lookalikes.
What is needed is some concrete drilling plans, at least. Better is an ann that drilling over historic projects has started. They have anned that U targets are established, and further study would IMO be to establish drill sites and priorities. Copper progress may be hampered by need for chopper access (dont know - anyone able to enlighten us)
WCN is one of my three top LT hold prospects, but they need to get started, and keep SHs informed.
GL all. DYOR.
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- New research report. Current fair val pre drill $.034
New research report. Current fair val pre drill $.034, page-7
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