WA8 0.00% 5.8¢ warriedar resources limited

Ann: Drilling Commences at Golden Dragon, page-2

  1. 1,238 Posts.
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    who is not excited at the prospects for this drilling?? every cross-section with projected drill traces looks to be a winner. a skeptic might call them 'directors specials', but all results will go to expanding the resource and provide further targets for drilling. i can see a pretty clear path to +1mozs in the near term.

    i'm not a valuation specialist, but the current mc looks fair for the wa assets alone, so in my mind we either have two companies for the price of one, or the value to awv is set to double as the market wakes up to the quality of the assets it has.

    perhaps some visible gold in the drilling prior to assays will wake the market up?
 
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