One of the more informed conversations taking place at the moment, kudos!
Just to add another scenario to barefoot's ideas.
AGO hold 19.42% of WRK (Warwick Resources) and today WRK is up 5c or 29.41%.
Yesterday WRK released an announcement with a modest upgrade to a resource estimate at their Jimbelar tenements and the market didn't pay much attention but today they are flying!
It's possible that AGO is raising the money to move for an official takeover of WRK which would fit AGO strategy very nicely.
WRK have DSO iron very close to existing infrastructure especially railway from BHP's large Jimbelar mine.
Just an idea. Any thoughts?
AGO Price at posting:
$1.70 Sentiment: ST Buy Disclosure: Held
