I have followed several Goldy and two of it is RMS and MOY.
All have Mineral resources by category of over 1m Oz at least.......with MC over 200m......
I won't say WFE will be in that rank in the near future, but we need Comparing to get a rough idea where the stock we bought could head in the near future and ST at least, isn't it?
Both of these companies have their own processing plants so it could require additional funds to build if WFE need but WFE could make arrangement with nearby mine to Toll trail the ore to save processing plant cost.
So next news we are awaiting is the upgrade of resources category, not take too long I recon, then we could get approval, then soon after that, drilling commence, .....
It is a pretty consistent news flow for me and WFE need sp much higher so high ball raising to get substantial funds to progress this project, so we, management, DJM and market all wanna sp appreciate substainatilly to meet needs,,,it is win-win situation......
6m and 220m MC with 800k OZ and 105k OZ, I don't wanna ramp, but by talking 10m MC of 1c for this junior is Fair to call.......
oh well, Market will assign what WFE could worth in due course.
WFE Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
