re: Ann: Western Metals to acquire Tanzanian ...
surprised with some dissapoint here, may be low grade but aslong as it can get into production at a decent cost the grade doesnt matter, hardly think directors have rushed into this.. gold last $960 timing couldnt be more perfect for WMT, cashed up & with gold assets just as gold looks ready to test $1000+
wouldnt be surprised to see .05+ in the short term, with the new aquisition & still very solid cash position, directors will go out to pump this to brokers for support, time will tell...
WMT Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held