WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Matilda/Wiluna Production Update, page-61

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  1. 3,293 Posts.
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    Thanks Hotcoppa for the info. Best not panic here , this is where those who have done their research can make a killing . I traded Apex in the 1990's . The Apex MD was a serious operator in the gold mining sector. Looking at the step out drilling BLK has done .- Apex was proficient at getting the high grade gold out - it averaged around 6 gram a ton . But the gold price was a lot lower then & Apex eventually went to the wall . I am down two thirds on my average price. It was all glowing information right up to the minute they got the 40 million capital raising . It looked like HHG started unloading then & it was downhill all the way . No surprise an old mill was going to cause problems - they even said it needed money spent . Tho options here are sell out for a two thirds loss or hang on & risk loosing the last one third .Not good options . I don't think they are skilled operators , they have hit problem after problem .
 
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