WMT western metals limited

1 dollar stock, page-29

  1. 2,988 Posts.
    I don't know what to expect from here on in. The market cap is looking pretty big on the basis of trench results, an undeveloped tenement in Peru, and a JV in Aust plus a bit of Tassie tin.

    I do like this company and hold a very big profit on WMT, though if drilling results in Tanzania are anything less than sensational we could see a "rise on rumour, fall on facts" type scenario.

    Having said that, they now have plenty of dollars in the kitty to give these projects a good shake.

    I'm making no predictions anymore, it has already practically lived up to my end of year 50c prediction and would love to see it hit a dollar though don't dare to even dream it will happen by the end of the year.

    Maybe this is the "next PDN" people have been searching for - only time will tell.
 
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Currently unlisted public company.

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