my 2 cents worth a few things could happen. - Thomson group pull out of carrington -Thomson group in administration - joint venture on red mountain VMS exploration/development - joint venture on woods point/rose of denmark - share shortfall all snapped up by one investor, conditional loan to support operations with a cut of the gold - full divestment of any number of the leases
unlikely though possible - huge ounce pay dirt processed - rose of Denmark pay dirt discovered - any one of the joint venture possibilities adds cash to bank for woods point.. - WRM in administration…as they were below the minimum capital to remain solvent -cave in underground. -
WRM Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held