WRM 0.00% 6.3¢ white rock minerals limited

Buy more now or wait til consolidation, page-5

  1. 170 Posts.
    lightbulb Created with Sketch. 34
    #Cholocar
    One good company to look at pre and post consolidation (which I own) and I draw similarity to WRM is asx:CTM which is a high grade nickel explorer in Brazil. It consolidated 15:1 a few months back and it's been on an impressive upward trajectory ever since. What I believe contributed to its success was an impressive register of new holders(for an explorer) and a constant flow of positive news re. high grades which recently culminated in a nice maiden JORC resource.
    Just like CTM, WRM has similar attributes and as
    long as it keeps on delivering with positive news re drill results and maintains an impressive registar, I believe the trajectory will be similar. Short term fluctuations should not matter. I believe the currently depressed sp is an anomaly which I've exploited this past week(especially given the record gold prices we're seeing)
    MM
 
watchlist Created with Sketch. Add WRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.