Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Out-of-favour tungsten hopeful W Resources (WRES) says the authorities in south-west Spain’s Extremadura region have granted environmental approval sooner than expected for a fast track mine within the company’s La Parrilla project. Chairman Michael Masterman says W Resources now hopes to receive full development approval in September, which, he suggests, ‘will be the next key step paving the way for first mine production in 2016.’
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Comments
wildrides
Its cheap enough ….. I am avin a punt . Masterman has enough skin in the game to make a modest comfort blanket . Not so long ago it was over a penny . What I can remember of those times is that it moved fast when it did decide to move , but it did have a fair old BB moron following then . I am impressed with the speed of the obtaining permissions . Compared to EMED they seem to have a good relationship with the officials of government . EMED set world records for tardyness in that respect .
Andy
It’s been a torrid hold, this.
The steady decline in SP, the Bergen convertible death spiral, the repayment thereof and continued SP stagnation since. All overshadowed by quarterly – sometimes more frequent – placings.
Still, we now have 7 or 8 weeks until the next placing. A brief respite, even if only in advance of a spectacularly certain further placing.
At first I drew comfort from MM not taking a salary. I’m more of the opinion now that this is a hobby for him.
Do hope I’m wrong; in a big hole, but the last thing I’d do here is double down. Or add anything, actually.