WME west australian metals ltd

Iwas doing some research last night and came up with this...

  1. 2,452 Posts.

    Iwas doing some research last night and came up with this gem....
    A veritable GEM indeed it is......
    Albeit a hidden, unpublicised one...
    Here is why: WME (Western Metals) have tenements in Duketon (Collurabbie) region of Westen Australia.
    1) The Anchor Project, which is immediately South of Newmont-Regis(RRL) Mollart Well exploration (The reason RRL, sky-rocketed).
    2) No Mistake Mining Lease (11 hectares) right next door to the Newmont-Regis (RRL) another Joint-Venture........

    In addition WME have another 12 (!!!) YES 12 tennements, all in and around the same latest huge WMC-FCN huge nickel disovery.....

    WME have only 99 million shares on issue (and some options) and over $1 in the bank on top of the above extremely interesting tenements.



    *****A further sweetener. WME are about to acquire 20% (with the option to increase it to 50%) of a Biotech company which has developed a revolutionary and very succesfull
    anti-Asthma drug, which has already had clinical tests (succesfully) and has TGA approval, with sales already being made!!!!


    **************Please, make your own research-analysis prior to making a decision.

    In my humble opinion this stock is worth a lot more (conservatively putting a figure: Over 30 cents) as it is now.....YET is capitalised only at $4 million! In other words, it is around 4 cents only!!!!!

    Cheers.
 
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