Oh look. WMT has just moved into the 'Gulf' looking for Breccia Pipes. They haven't discovered a bean yet, & do not have one JORC grade of anything, and yet the share price is rocketing.
They claim that they are going to discover Silver, Gold, Zinc, and god-knows-what else, and .. oh yeah .... Uranium, the market likes hearing the word Uranium. They're going to use BHPs equipment (radiometrics - so what?) - remember GSE anyone?
WMT also claims they are going to outsmart BHP and buy out the contracts, nevermind the fact that BHP has 90 days to take it all back once they (WMT - who will do the work) discover metals, any metals. Then "BHP can claw their way back to 100% ownership" - quote from WMT - for a mere pittance of $4 million. $4m is nothing to BHP.
And the market loves it. No speeding ticket, nothing.
Meanwhile, RBM who has been there since 2005, is a PRODUCER to Glencoe and who consistently comes up with high grade Cu drill results, continues to be ignored by the market ???? Why?
Come on Gino.
Brokers, Cu drill plan, Au news, resource estimates .....
RBM
redbank mines limited
Oh look. WMT has just moved into the 'Gulf' looking for Breccia...
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