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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Markham who wrote (135)3/8/1998 6:35:00 PM
From: mariner  Read Replies (1) | Respond to of 350
 
To All:Am new to SI
It's nice to see WRM appears to be getting its financial act together. Have been a shareholder for several years (unhappily given my entry price). Am gratified to see the balance sheet being rebuilt. I do think investors need to be cautious however. Golden Bear has seen its fair share of production problems in the past although it seems to be looking up in this regard. Bellavista sounds interesting - but geographical distance alone makes this a challenge for a small company. Am looking to average down to lower my cost/share. I'm not a gold bull - believe current levels will persist for some time. Believe WRM is profitable at these gold prices based on Golden Bear - however production volumes are fairly low going ahead. Comments welcome.

PS: Another BC junior mine: Weymin (WEY on the VSE) has an intriguing project in the Revelstoke area. Website is www.weymin.com