WR1 6.50% 57.5¢ winsome resources limited

glad to see you are holding again.Wr1 mcap 144mil + 55mil cash i...

  1. 2,997 Posts.
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    glad to see you are holding again.

    Wr1 mcap 144mil + 55mil cash i would estimate.

    This is how stupid what is happening is compared with these 3 Canadian explorers who do not have a jorc and have less than 10mil cash.

    Brunswick Exploration. mcap 170mil
    AZM Exploration 90mil
    Lift Power inc 220mil

    Australian
    Km1 70c 100mil
    Rdn 3.4c 90mil (undiluted)
    gl1 80c 210mil
    dli 32c 230mil

    Both DLI and GL1 in current environment wont mine.

    And Ir1, who will never mine, need another CR soon are 112mil.

    Wr1 has a 59mt MRE, cash, MRE will double....this is all just stupid imo. Been doing this trading/investing thing along time. I know what is a crap deposit and play, and i know despite challenges what needs patience. Wr1 does not need patience, it just need to be priced with peers and developed like any decent deposit.


 
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