WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Board and Management Changes, page-26

  1. 2,892 Posts.
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    I spoke to Bryan at a mining conference when share price was at 10c. I told him I sold out very long time ago at over $1. He was shock. Then he said the mine is generating massive cash to lure me back. I just burst out laughing at conference.

    They did have some good drill results that's why it went up to over $1. But the mine is plagued by high strip ratio and low recovery. There is a difference between good drill results and a profitable mining company.
 
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