Knocking the share price down last day would match having a...

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18/07/20

21:51

Post #: 45959676
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Originally posted by Novo2018: ↑

I agree, except for there is no magnetic survey ongoing or planned that has been announced. It takes too long to
get a contractor lined up. In addition, WRM has stated that mapping, soil and rock chip sampling are all they need for now.
This tells me they see plenty of signs, in addition to the stream sediment sampling, of where to drill. Several drill targets are
ready with drilling to begin by August 1. Next summer CSAMT may be done. It was used extensively at the Pogo mine. There
will be a lot of activity during August and September but then the season will come to an end. All the drilling is helicopter supported
as there are no roads into the area. That means nothing gets done until next June. At Pogo they built a 58 km long all-weather road
to get to the site so they could work in the winter. At 64 degrees north latitude the winters are very cold, long, and dark. These are
just the facts. I do think this is going to be one monster of a deposit. The latest news about more claims and sampling tell me that
there is a good possibility of more gold to be found to the west and southwest. That will likely have to wait until next year. I think
soon another strategic investor will come on board.

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Knocking the share price down last day would match having a strategic investor come onboard. Part of the move expected post consolidation perhaps.

WRM Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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