WMG 8.11% 34.0¢ western mines group ltd

Peeling back the layers of the onion until we reach the core and...

  1. 10,106 Posts.
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    Peeling back the layers of the onion until we reach the core and we'll be crying tears of joy, not onion tearswink.png

    It's not often I would go Top 10 in a company with such a relatively small MC, currently sitting at 39M, but I've seen enough to be convinced that this has now been derisked to a large extent and the potential prize justifies the risk.

    I'm confident that WMG will track down the massive sulphides sooner or later, and yes plural as the company has alluded to the fact that they are confident that we are looking at more than one. Even with the vast shallow disseminated sulphide encountered thus far taking the mineralised footprint across Mulga to 3.2km, we're looking good to be a T/O/JV target or even mining this baby ourselves.

    Really looking forward to the weeks ahead as we progress drilling at the Monster!

    This is not financial advice so please DYOR....
 
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