It is just a matter of time until the share price starts increasing.
By the end of October, WCN will be drilling at the Reedy South Gold project and should have maiden JORC estimate.
Below are some decent shallow grade gold hits
12m @ 5.26g/t Au from 34m 7m @ 10.86g/t Au from 30m 4m @ 7.68g/t Au from 36m 5m @ 6.41g/t Au from 34m
And when WCN start the drilling program they will be targeting the depth extensions of the known high grade gold mineralisation.
WCN have a nice stable of projects and for 1.2 cents you get:
- Tier 1 Gold Project in WA that will be drilling in late October. - Paterson Range projects: sampling program should start soon - Over 10 million shares in RTG which is currently 18.5 cents - Couple of cobalt and nickel projects with inferred mineral resources at Coronation Dam and Ghan Well - 2 million in cash as at June 30
