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Gold/Mining/Energy : William Resources - WIM-TSE -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (984)4/7/1998 11:52:00 PM
From: Lalit Jain  Read Replies (1) | Respond to of 1326
 
marcos,

Excellent post.

re-emphasizing your points:
1. POG > 320 will give WIM long term viability.
2. Increase mineable reserves
3. Re-open "on care & maintenance" mines in Australia if economic.
4. Mining services subsidiary may get a boost with new contracts.

And yes, the leverage is incredible. However, I think WIM will be much higher than $1 if the POG is at $375. I would like to think the price would be closer to $1.50 :-)

Cheers, Lalit Jain


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