thanks Matt. I believed the crap. Matthew Gill clearly saw the...

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PHIL9873

247 Posts.

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14/06/23

15:25

Post #: 68283512
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Originally posted by mattyedw: ↑

You are assuming there are no debts.......
Contractors outstanding invoices still to be paid, if invoices for the workers have not been paid one could/would assume the are not on their own...

As for valuing Mt C. and Alaska at 25-36c a share, well they could not fill 2 CR's at 20c and 7c alike, so for valuing those at ave 30c is very optimistic at best.

$1.2m for Morningstar mine......WOW not a chance.

Which ever way you spin this mum and dads have been squeezed dry and when mum and dads cannot tip in anymore and the likes of the Jeremy Grays have gone because they know they cannot raise any more then the entity is dead..

Mum and dads will be left with zero and a handover of shit ground and an even shittier plant will go private and they will make good wages at best...

The story has been flogged to many times and has bitten far too many....The tenements and plant around Woods point is dead and Alaska was never worth crap to start with..

Company at lows and is suspended without any decent funds in the bank for a reason and its not a good one....And cannot be spun anyother way excet a complete failure and a learning curve for many

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thanks Matt. I believed the crap. Matthew Gill clearly saw the writing on the wall and got out. Tried his best but didn't hit pay dirt in Alaska, but certainly well paid for his effort . In 2021 and 2022 his pay and super cost the company over $1 million , and where are we as shareholders now. Phil..

Last edited by PHIL9873: 14/06/23

WRM Price at posting: 6.3¢ Sentiment: Hold Disclosure: Held
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