WR1 2.86% 51.0¢ winsome resources limited

WR1 General Discussion, page-11273

  1. 1,414 Posts.
    lightbulb Created with Sketch. 557
    I am going to be quite frank here and but this stock's threads have gone down the toilet. Especially now it seems we have come to throwing shade at other people's investments, just to vindicate our own.

    I am neither a permabull nor a permabull, just I realist (at least I'd like to think) and the bottom line is how I see it.

    What has happened to our SP recently, is purely driven by the fact the hype has left our stock and we need to further prove our resource. Simple as that. For those complaining about why the SP has halved in a a few months. We increased by 800% in 4 months and no one here thought that there would be a pull back. Really?
    Li prices have dropped by over half (China I know, but that is where the hold world looks for its sentiment) but of course, people magically think we can go against the grain with only the limited drilling we have?

    Everyone is in such a rush because people have been sucked in by the fomo and the ramping when this went from 40c to $2.50
    People need to be honest with themselves and reflect on why they made that decision. People need to recognise the information that we current have, which are a few good results. THAT IS IT. We are an explorer that requires newsflow to increase in SP, so stop whining when it goes down 10 days in a row. ABSOLUTELY NO ONE complained when it rose from $1.26 to $1.90 in a week a few weeks back.

    For the record my opinion on this stock is CE's decision to push back Cancet is a roll of the dice. It does make it seem like Cancet is a duster however, if we are able to prove a significant resource at Adina. then CE made the right choice. How do we find out? It means Adina needs to continue to deliver and the only way to do that is through results.

    Until then everyone here is just hypothesizing best and worst case scenarios.
    Fact is results are bad , SP will go down.
    Delay in news, SP will slowly bleed down

    Drill results are good SP will go up OVERTIME. (The amount of people on here that shout re-rate everyday, keep it in your pants. Unless we pull PMET quality results, we are going to slowly increase our SP as our resource becomes more defined)
    Li prices and sentiment re-ignite SP will go up

    Don't see how its so hard to be impartial and just admit that this is a good PROSPECT. Nothing is a given, but there are promising signs.


    Last edited by ForeverNewbie: 18/04/23
 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
51.0¢
Change
-0.015(2.86%)
Mkt cap ! $112.9M
Open High Low Value Volume
53.0¢ 54.5¢ 51.0¢ $274.6K 516.2K

Buyers (Bids)

No. Vol. Price($)
1 20000 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.5¢ 5500 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.