WSR 14.3% 0.8¢ westar resources limited

Ann: Quarterly Activities Report , page-3

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  1. 1,200 Posts.
    this company has been pretty disappointing for me in 2011...they still seem to move at a snail pace the activities for the next quarter are to collect few stones and then wait for a month for the lab results....they are well funded with almost 7m remaining but they will only spend 950K collecting rocks while the admin costs will be 200k or almost 20% of the expected spending for the quarter

    why on earth did Sandfire invest in this stock is beyond me, there must be heaps better copper juniors out there looking for a big brother
 
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