WRM 0.00% 6.3¢ white rock minerals limited

Ann: Mid-season Exploration Update - Last Chance Gold Target, page-119

  1. 389 Posts.
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    Never fun taking a big hit with not getting the results we were hoping for. A surge of selling was expected as there were plenty of sellers even when the anticipation of getting lucky with a first pass discovery was in full bloom.

    The high level of gold in the extensive sampling program is still highly encouraging. They will analyze the cores along with the new CSAMT and come back with a big program next year. Sounds like they'll possibly also move Red Mountain forward next season as well. As a few have mentioned, Red Mountain could become a world class deposit itself with some more drilling. Plenty to look forward to.

    Painful but not discouraged. I think WRM will make a discovery at Last Chance next year, probably starting with drilling a bit deeper. I might even be motivated enough to pick up a few more shares of WRM as there's plenty of value at these levels. The assays could still point to better days.
    Last edited by Nortalk: 15/09/20
 
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