Okay, let's just elaborate on Bauglir's interpretation: Drawing a single random ball will get you a metal ball 1/4 of the time.
In that case, let's again mark a single metal ball red and a single wooden ball blue. Let w be the likelihood of drawing the blue ball divided by the likelihood of drawing the red ball. In my earlier post I had assumed that the description meant w=3. With Bauglir's interpretation, this w changes. To find out this w, let's let p be the probability of drawing the red ball. Since the probability of drawing any metal ball is 1/4, we know that 13p=1/4, so p=1/52. Now the probability of drawing any red ball is equal to 3/4*1/7, but it is also equal to w*p, so w*p=3/28, so w = w*p/p = (3/28)/(1/52) =39/7.
Let's look at the bag after drawing a metal ball, it has 12 metal balls and 7 wooden balls remaining. Let's color another metal ball green again. Now the probability of drawing the blue ball is w times the probability of drawing the green ball, so if q is the probability of drawing the green ball, then w*q is the probability of drawing the blue ball. The probability of drawing any metal ball is equal to 12*q, and the probability of drawing any wooden ball is equal to 7*w*q, and since we know that 12*q+7*w*q=1, we get q = 1/(12+7*w) = 1/51, and the probability of drawing any metal ball is 12*q=12/51 = 4/17.
The total probability of drawing two metal balls is now (as before) equal to the probability of drawing a metal ball first (1/4), multiplied by the probability of drawing a metal ball second after drawing a metal ball first (4/17), so the result is now exactly 1/17 (not 15/247 as Bauglir said).