I actually read this document. A couple of points.
They talk up Red Mountain but when you look at how they'll spend their 6.9 million total spend on it is 0.1 million. WTF! It looks such a better prospect than WP, they've got to know something that they aren't letting 'OWNERS' know of.
The rest to be spent on admin and Woods Point. It should be illegal to post production figures and grades up to 1963 and ignore the most recent history of disastrous losses. It should be illegal to quote recent production as over 10 g/t without giving any other figures that may allow you to sort out costs. Typically disingenuous claptrap from this mob.
I can't see how anyone who knows anything could read this and want to invest.
WRM Price at posting:
9.3¢ Sentiment: Sell Disclosure: Not Held
