Im actually a holder of Legacy and an unfortunate former holder of WRM, its worth checking out Legacy, polar opposite to WRM. Really great management, they hold a big chunck of the company. The guys at the front of the company are young and energetic but an experienced board behind them. Wages are low witth MD only ong $180k Newmount signed a JV for minimum spend $15m and they have other projects that look the same as the JV asset. all for $7m mcap.
Currently a whole crew of Newmount guys on the ground preparing for upcoming drill campaign.
We might have done our balls on WRM but Im happy this asset has gone to them, great for them at $200k with the amount of money which has been pumped into it!
WRM Price at posting:
6.3¢ Sentiment: Sell Disclosure: Not Held
