WMG 1.92% 26.5¢ western mines group ltd

Ann: Company Presentation to 121 Mining Investment Conference, page-78

  1. 949 Posts.
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    Metallurgy and being able to unlock the rocks is half of the battle , so when that company got to a $3.5 Billion MC without proof of recovery I got nervous and sold . When there are Billionaires on the register propping up the SP and the punters start buying and pumping it up because the Billionaire is holding , thinking , "He must know something". That was a bubble .Maybe I will be a mine but I don't think so. (43% recovery equates to 57% waist), that's expensive.

    This on the other hand when it eventually gets inflated will not be a bubble. I'm holding many times more of this stock and am sleeping like a baby. This will be a mine I trust (Waiting on the recovery numbers). Let the rocks speak .

    I don't know anything,
 
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