re: thoughts It depends on our timeframe.WMR has a pe of around...

  1. cy7
    930 Posts.
    re: thoughts
    It depends on our timeframe.
    WMR has a pe of around 12 and yield of 3%+
    It has been cronically mismanaged over the years, a situation which appears to be improving.
    $7 or $8 would seem to be a give away price at this stage of a commodity cycle, which according to one opinion could be in its early stages.
    Throw in its uranium potential, and I cant understand the price.
    Maybe long term we would be better off if the Govt blocked this bid.
    A script alternative would seem a logical choice.
    With lean management WMR's potential seems extraordinary
 
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