WMT western metals limited

interesting you say wmt had excellent assests:what excellent...

  1. 1,087 Posts.
    interesting you say wmt had excellent assests:
    what excellent assessts.
    there lead zinc in wa couldnt produce even to cover costs and their mt gordon operation has been owned by many before who saw what it really was and got a sucker called wmt to buy it off em.

    Mt gordon has only very low grade on the surface and they were using nearly 90,000 dollars of acid a month to try and produce copper which couldnt cover costs.

    I have plenty of dicussions about wmt with gominer who was a big pusher of this stock awhile back and claimed to have it in a fund (will say sold ages ago of course).

    beleive me i know wmt well and it aint got anything half decent.

    It`s shareholder must be very angry they knocked back an offer near 1.20 takeover a few years back.
 
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Currently unlisted public company.

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