Hi Chris,
Jack is in fact materially wrong in some of what he says. WRM state a JORC resource under the Code and ASX Listing Rules of over 300,000 ounces of gold and 23 million ounces of silver. The statement IS based on drilling. In their presentation (found on their web site), over half of this Resource is in the Indicated category.
I agree with you, WRM is cheap but I see they are out and about with the story - on ProActive Investors, StocksDital and the like. Wont be long until they run........
Jungle_Cat
WRM Price at posting:
1.6¢ Sentiment: Buy Disclosure: Not Held