re: Ann: WNI: Acceptances of Wah Nam's Au...
Moz,I was prepared to give WNI the benefit of the doubt and thought that they would look to increase shareholder value. However, there is nothing that has come from them that even remotely looks like they want shareholders to share in the wealth.
I reckon the Chinese government has WNI by the short and curlys. Read the WNI quarterly and you will see that they've had to stop production at their Chinese copper mine because electricity has been redirected elsewhere. The electricity supply is supposed to re-commence in May. Gee, call me a conspiracy theorist, but how coicidental that the power supply should be redirected around the same time that WNI pushes to gain control of BRM.
BRM Price at posting:
$4.71 Sentiment: None Disclosure: Held