I am wondering whether WMT will show positive gains today considering the Dow is down 80 and the futures is also down. In the past WMT on occassions has bucked the trend and had consistent riuse.
I have re read yesterdays news and maybe this will help push things a little further today. However the news was not of the calibre to set the market on fire and push the price closer to 40 cents.
Nevertheless I am awaiting the news from the other projetcs e.g BHP Qld which I expect will not be far away. May be this speculation alone can do the trick and ensure the share price edges above the mid 30's.
Finally I am confident if the Tanzaian news is extremly positive and with the large land holdings we will be over close to $1.00 by late August / early September 2007.
Lets wait and see what today brings.
WMT
western metals limited
