The results of the survey will most likely be announced next week.( see previous announcement re commencement of survey)
WGO has only 40 million shares on issue and they are very tightly held with only a small proportion of the total number of shares that could be considered floating. If the rerating of the sp last week is any guide, any significant magnetic anomolies reported are likely to propel the sp to $4 or $5 IMHO. A CR will most likely be made prior to drilling any targets but will probably be to a couple of cornerstone investors with significant iron ore experience ala EQX. Get set for the ride of your life IMHO.
MBM Price at posting:
29.4¢ Sentiment: LT Buy Disclosure: Held