Ann: Wavenet Acquires Gold project , page-3

For whatever reason my Broker suggested I buy WAL as a way of buying CLR.
As a very good client I accepted there word and bought at well over double todays price.

Unfortunately I did not do my homework.

That being said I now have to understand the positives of WAL and understand given time if WAL will exceed my current expectations.

1. WAL holds some ware between $0.42 and $0.57 per share in CLR?
2. CLR data room open suggested India due diligent and offer late Feb.
3. WAL holds a 50% stake in a winery say $.10 cents per share.
4. Cash thanks to CLR.
5. Gold mine with plan to generate short term cashflow.
6. But a private investment company 70% in the top 20.
7. Illiquid and mot recognised buy the market.

Clearly WAL is undervalued $0.27 (Say $0.50 CLR $0.10 winery = $ 0.60) and unloved.

I am planning to sit waiting for the CLR offer.
Please form your own decision.