WMC 0.00% 20.5¢ wiluna mining corporation limited.

Gold Turnaround Story of 2018, page-49

  1. 5,661 Posts.
    lightbulb Created with Sketch. 7905
    @Drugo

    See some images below of the:
    - Resources
    - Reserves
    -- Probable
    -- Proven

    For:
    - BLK - MC: $55m
    - MOY - MC: $189m
    - DCN - MC: $552m (not in production yet)

    Check those Resource/Reserve numbers and then see if you can figure out:
    - What gives the Companies their valuations?
    - Which one is undervalued by a lot?


    And yeah, I wasn't sure about how much MOY have in Proven Reserves as the attached image from their latest presentation doesn't show ANY.

    Let me know if they do have any and if/how much they/BLK/DCN need to justify their valuations.

    I do actually like MOY and think it will keep going up but BLK is the pick of the bunch for the biggest gains from here imo.

    Let us know your thoughts/answers to the above questions.

    One last question, you haven't made not even one post on MOY and you're a holder and prefer MOY more to BLK yet pretty much all of your posts are on BLK - what's going on there?

    Cheers,

    GB.




    BLK - Total Resource table.jpg







    BLK - Total Reserve table.jpg







    MOY - Total Resource table.jpg







    DCN - Total Resource-Reserve table.jpg
 
watchlist Created with Sketch. Add WMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.