Fincom Investment Partners
Special situations

Western Pacific: Why Is This Savvy Billionaire Investing In A Tiny $7 MM Company?

(Editors' Note: Western Pacific Resources trades on the TSX Venture Exchange, symbol WRP.V, with average daily volume of C$5,000.)

Western Pacific Resources (OTCPK:WRPSF) (WRP.V) is re-opening the Deer Trail mine, a high-grade silver/gold/zinc/lead deposit in Piute County, Utah.

On February 24th, Mr. Corbin "Corby" J. Robertson, Jr.'s private investing arm, Quintana, closed the initial financing of an expected $18.5 mm convertible note and base metal streaming financing package, which will give Quintana (if their options are fully exercised) approximately a 70% ownership in Western Pacific.

Mr. Robertson is also the founder of Natural Resource Partners (NYSE:NRP), a $1.75 billion MLP, and is one of the largest private owners of U.S. coal reserves - an industry...

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