Gemco immediately pegged all remaining tenements around their opperations on Groote when they realised Reflective had made applications so close to their mine (indeed right beside it and along the mineralised trend). The new ground is within a stones throw of one of the most profitable mines in Australia and close to port etc. The ore being mined there is of extremely high grade.
You can call me a ramper, but these are the facts.
Short term flutuations/manipulations will occur however, this will be in the dollars in the near future and established uptrend will contunie in leaps and bounds over the next 12/24 months. IMO
Aspen... You question others motives.. What are yours? I do sincerely thank you for your concern as to the value of other shareholders holdings but there is absolutely no way you will be getting any of my shares at a discount.
Once shareholder approval is granted for the aquisition, the new company will still have a very tightly held registry, a major asset and improved liquidity. It will be primed for substansial shareholder wealth creation going forward.
WTN Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
