Here's a post from 2011. Shows how long the gravy train rolled!...

Here's a post from 2011. Shows how long the gravy train rolled!
Here is a rough valuation model of WRM based on my own research and understanding of mining economics (DYOR). I was quite conservative discounting their Resource values by 50% for Inferred and 25% for Indicated if the next Resource update is in that category.

I believe WRM has a value of at least $80 Million with a likely value of $150 Million if the next Resource update can top 500k oz Au equivalent. The current Resources are already on Mining Leases which is a big plus. This valuation does not include potential new discoveries on WRM's large prospective hand holdings.

Please share your insights and industry experiences if you have them on this well and truly undervalued story
AMEN!