Lots of money is pouring into the Fraser Range nearology stocks and there are very many additional areas yet to be drilled. So very many companies are struggling now as the Banks and Institutions are heading out that way.
Some companies are going for OTC US quotes or even London as there is not that much cash available in Australia for struggling miners.
Anyway, WEC is stuck with this court case in Singapore which simmers without ever coming to the boil: Might be better to risk investing in the Fraser Range. Fly an aircraft back and forth reporting we have found several zones much larger than Nova with similar geology, in fact far better. Magnetic readings are off the map and we are getting a drilling rig out there as soon as we can.
WEC Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held