I've been having a look at WCP Reesources for the last couple of months, and find it a very interesting company. It deals with copper, gold uranium and eneryg exploration. It has no ongoing debt, 52 week high of 0.34c-last price of 14c and a market cap of $34 million.
WCP hold 30 million shares or 33% of uranoz (a spin off from wcp)
Barrelmaker & Airport central gold project southeast of meekatharra WA.
Lake Torrens iron-oxide, copper, gold & uranium project adjacent to Olympic Dam mine SA.
Lilleyvale IOCG project se of mt. Isa QLD.
Chief Executive - Levi Mochkin
I feel the fundamentals of this group are very good ie cash flow, some strong names in jv's and has a strong prospectus over the next 12 months. Technically not much to look at. Has been in a down trend since begining of May, but does look to have found some resistance in recent days?
I'd very much like to hear any details/views on wcp. I've posted now due to the fact IMO it's about (over next 2 months) to have a turn around, but this is all on my own research and would love to hear others op's.