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Gold/Mining/Energy : WWS.T World Wide Minerals -- Ignore unavailable to you. Want to Upgrade?


To: Nicholas Rainford who wrote (475)5/20/1998 10:38:00 PM
From: tango  Respond to of 784
 
no way. I put anaconda up there with strathmore as all bark no bite. (not to say WWS stock price is anything to look at either!)
They don't have access to the financing required. it is becoming more apparent that WWS will move where ever MR. Mays has been (both Dornod and now everest) They have the process facilities and half the land locked up. There are a large number of ISL properties that were not developed to their potential due to weak uranium prices, and they will continue to acquire leases on those properties that wallace was involved with.

I wish someone could explain how this plant is current operating yet no cashflows are generating to WWS considering they own 75% of it. I don't think the press was fluff, they were looking in texas for over 6 months for a play and the deal is a big step into the us market, but it appears I (we) are missing something. there is a piece of the puzzle missing.