WRM 0.00% 6.3¢ white rock minerals limited

Ann: Red Mountain - Additional US$1.5M Expands 2019 Field Program, page-8

  1. 2,892 Posts.
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    No, but what Next Boom is saying is right. SFR is pretty smart so far. They bought asset from TLM. I was TLM share holder and sold out at good profit. Now they are buying out MOD. I was MOD share holder and made over 10 folds.

    IMHO SFR eventually will buy WRM or just Red Mtn asset. For 9.1 mt at 13% zinc equivalent, $11 million company with two assets ($5 million each) is extremely cheap IMHO.

    PEX holders are whinging about they should be $150 million company. They only have about one third of WRM's resources with valuation $76 million.
 
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