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20.5¢ wiluna mining corporation limited.

BLK chart, page-417

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Drugo

1,205 Posts.

249

05/07/18

19:52

Post #: 34171341
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Originally posted by Hiddenvalue ↑

Fully loaded Drugo, I have picked up another parcel today at closing auction. I will pick up another portion throughout the week. This is now by far my largest holding in my portfolio. My feeling is that if someone is accumulating then join them. I am also taking a position on the basis that gold will continue to rise which may signal an uptrend again. If it is the start then we are in for a good run that will push us above 1800 AUD at the top of this cycle this time round. Only my opinion. I hope I get rewarded for the risk. This may go down to high 6's again but my observation over the last month or two of trading is that when it got that low it was mainly bots triggering stop losses for those faint of heart who set stop losses at advertised support levels.

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Last time a looked $AUD gold well above $1,700. $AUD going down.
If you notice the correlation between $US and $AUD gold price is perfect. ie above 90%.
That is all.
They hedged near term approx. 50% prod. @ $1,724.
No worries on gold $AUD gold price on this trade war. We will benefit.
Looking forward to production figures too.

BLK Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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