In view of the merger with SLR with good cash on hand, this now re-opens the way for a future development of Andy Well/Gnaweeda as a mining hub. The fact that WGX did not like what it saw under due diligence raises questions as to viability of course but we also know that WGX has been raising funds in several different ways in the past few months and so may have just seen this purchase as a step too far after all. More information is needed to draw any conclusions as to future development.
DRM Price at posting:
43.5¢ Sentiment: Hold Disclosure: Held