WRM 0.00% 6.3¢ white rock minerals limited

Ann: AUL: AuStar Gold to be acquired by White Rock Minerals, page-19

  1. 4,222 Posts.
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    @LawyerTrader
    This is one of my highest conviction holdings.
    I have kept a low profile here of late but find it hard to shut my mouth when I see such a missed opportunity here.
    Not sure if all are aware of how sought after the Vic gold fields are and the geological importance.
    Oh and add to that what they are worth.
    WRM are now a producer, Hello any one hear that?
    We already know the possibility of Last chance with a larger suggested footprint than Pogo and others along the Tintina.

    https://hotcopper.com.au/data/attachments/2886/2886686-81496e35ad2419941bc4b73d12f7183a.jpg

    Do we need to be reminded of the Zinc at red Mountain? or what about the silver? Oh just 70m oz's
    With 70m oz ag and the silver price about to go ballistic, what is that worth alone?
    Drilling to start in a few months at Last Chance while we are better equiped with more knowledge and hence better targets.

    Has this market given any due consideration to what Matt Gill et al have acquired here?
    Let me show you some highlights.
    First of all, look at the high grade in the proximity and the well known geology which is now at the attention of the world.
    Thanks of course to QH and Fosterville but there has been some awesome finds here in history.

    Take a good look at these pics and be aware that head grade is above 10g/t and recoveries are increasing with the aim of above 90%
    Fosterville was around 7g/t when taken over by KL, now around 26g/t

    https://hotcopper.com.au/data/attachments/2886/2886708-b5cbb4943a0e085189aa29cc4a59fd74.jpg


    Now get a load of these grades.
    Wonder what they will find at depth? another Swan Zone?
    https://hotcopper.com.au/data/attachments/2886/2886721-10aa3992f8afcc4baf8a85cefb2d5bc2.jpg

    Matt Gill is from Ballarat and knows the geology very well.
    They have engaged QH for his added knowledge or more accurately put to get the attention of the Northern hemisphere.

    https://hotcopper.com.au/data/attachments/2886/2886729-4600cce7360876517574cc8b960c1c60.jpg

    There are companies world wide that want a position here and are having trouble getting it hence the cornerstone investments and jv's taking place.
    Wait till the takeovers start.

    We are a producer and can ramp up with no holding back at last chance.
    Don't forget that sfr gave us $8m to further advance Red Mountain and wanted back in.
    They were refused.

    Could say more but I don't want to look biased, ( I probably am ).
    let's get real here.

    Kind regards, Wack
 
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