WYX 0.00% 3.3¢ western yilgarn nl

drilling results...

  1. 969 Posts.
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    So does anyone have any idea when the first lot of drilling results will come through? Hope IRM has not sent theirs to the same lab as RVR...they have been "imminent" for the last two months now! Really like the IRM story and now am the happy holder of a substantial amount of stock. Here is my wishlist for the rest of 2007.

    1)IRM announce major JV with prominent Australian IO company (FMG would be my company of choice but would settle for RIO or BHP if necessary!)

    2)Gradual sp appreciation leading up to spectacular drilling results from Iron Mountain being confirmed pushing the sp to $1+ with scope for further resource upgrades.

    3)Minimum dilution through share placements but if necessary priority is given to existing holders rather than so called "sophisticated investors" who have no interest in the long term future of the stock (similar to the loyalty options recently offered by CVI).

    Should be a ripper couple of months ahead...good luck to all holders!
 
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