Tryin to make you understand JimmyWhat do I see in PFN? I see a resource that may be minable at higher pgm prices. I see a major still putting big money in. I assume the major has more knowledge of the situation than I so I am maintaining my position.
what do I see in WM? Geological bet on a possible embayment structure under water, that may or may not have ore in it. I see potential upside in a hit and big downside in a miss! Yes Lonmin is in, but not yet on a repetitive basis like Anglo. What do I not like about WM? Sudbury area folk stopped companies from drilling in Wahnapitei Lake a few years back because it was source of Sudbury water. I read an article that Windy Lake was being considered for water because it could be siphoned to Sudbury (no need to pump)and wonder what the environmentals would do if an orebody was discovered. The following post from the WM board sums it up pretty good IMO. It is by a fella who really sounds as if he knows a lot. Probably very well educated! guy by the name of jjjimmy!
"Just wait until this group gets 'wind' of the fact that Wallbridge is planning to exploit a privincial park that is a precious natural resource. They won't leave a scrap of meat on their plate.
Even if WM finds something they will face a fight worse than death itself...
stinks to own WM....down, down, down....
by the way...another selloff in the making....it'll be down to .30 before you know it...."