WME 11.5% 14.5¢ west australian metals ltd

wme-präsentation düsseldorf 18.06.2009, page-7

  1. 1,544 Posts.
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    Great work Mikro - an excellent post! There is so much good info in it but what really stood out for me is:

    - SRK who are independant, international mining consultants believe that there is a very good possibility of 100mlbs of secondary mineralisation proven up come November (with an 80% recovery).

    - Discovery of the 3rd Dome close to Trekoppje. This is massive news! This is a similar sort of situation to EXT's Rossing South discovery being the actual source of the Rossing resource!! Very very excited about this!

    As a long term holder (2+ yrs) I am very happy to see the direction in which the company is moving forward. The reason I initially bought in was due to its excellent location. Last year when the board had its reshuffle and VN seemed to exert quite a bit of influence I have to admit I was very worried that this may affect the board's ability to act in best interests of all WME shareholders. I am happy to say that I have been proven very wrong! These guys are doing EXACTLY what good management in advanced exploration companies should be doing. Marketing the company to instos & getting big names on the register, aggressively drilling to increase the resource and providing shareholders with regular updates. Tick, tick and tick. Looking at the results that management have been able to deliver in the past 6 months I am very confident in their ability to increase value for all WME shareholders.

    I have been increasing my holdings on pullbacks in the past couple of weeks but have to admit I am disappointed the pullbacks weren’t bigger so I could buy up some more!

    This company is getting de-risked and when high grade drill results start coming in from primary drilling i think we should see some fireworks!
 
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